AddThis

Masonite commences trading on NYSE

CEO Fred Lynch describes the move as an important step for the manufacturer.
Fred Lynch

Following its registration statement filing last month, Masonite International Corporation is set to commence trading on the New York Stock Exchange under the stock ticker symbol "DOOR."

"We are excited about this important step in Masonite’s evolution and remain focused on executing against a balanced set of business strategies to drive sustainable top and bottom line growth,” added Fred Lynch, president and CEO.

With trading of its common shares beginning Sept. 9, Masonite will become a public reporting company under U.S. Securities and Exchange Commission regulations.

"Listing the company’s shares on the NYSE will provide a more liquid and transparent market for our shareholders," said Mark Erceg, executive VP and CFO.


Want to read more?
This content is available only to registered users. Log in to read the rest of this article or create a free account.