Chart Industries has announced its intent to transfer the listing of its common stock to the New York Stock Exchange (NYSE), from the NASDAQ stock exchange, effective 1st Feb 2021.

Announced yesterday (18th Jan), Chart’s move to the world’s largest stock exchange reflects the company’s rapid growth, something which Jill Evanko, Chart’s CEO and President, spoke to gasworld about.

”This step to move to the world’s largest stock exchange is a reflection of the different type of company we are today – we are larger, more global and strategically focused on being the world leader in providing equipment and solutions for the broad industrial gas and clean energy markets,” Evanko told gasworld.

“We will utilise NYSE tools and facilitation to further reach global investors and shareholders.”

With four of Chart’s top customers also listed on the NYSE, the company believes its milestone move will further enhance its exposure and help the development of new and existing partnerships.

“We are pleased to join the NYSE, the world’s largest stock exchange with world-class listed companies, to further reach global investors and shareholders,” Evanko continued.

“With four of our top five customers also listed on the NYSE, we believe this will enhance our exposure to them and further develop new and existing partnerships.”

Stock will continue to trade on NASDAQ until the transfer is complete. Once complete, Chart’s common stock will continue to trade under the ticker symbol GTLS. 

Welcoming Chart’s decision, John Tuttle, Vice-Chairman and Chief Commercial Officer, NYSE Group, said, “We are excited to welcome Chart to the NYSE community, where it will join other leading innovators and disruptors.”

The transfer is expected to be seamless for the company’s investors and shareholders.