Dillard's Inc., a department store chain with a market capitalization of approximately $10 billion, will transfer its primary stock listings from the New York Stock Exchange (NYSE) to the new Texas Stock Exchange (TXSE). The move will include both Dillard's Class A Common Stock (DDS) and its 7.50% Capital Securities of Dillard’s Capital Trust I (DDT). Both securities are expected to cease trading on the NYSE at market close on October 2, 2026, and commence trading as primary listings on the TXSE at market open on October 5, 2026, retaining their existing ticker symbols.
This decision aligns with Dillard's deep roots and strong retail presence in Texas, which has been the company's largest market since its founder William T. Dillard acquired a store in Tyler in 1956. The company reincorporated from Delaware to Texas in August 2025, further solidifying its connection to the state. Dillard's operates 272 stores across 30 states and focuses on offering premium fashion apparel, beauty, and home collections.
Dillard's is now the sixth company to announce a move to the TXSE within a week, following pipeline operator Energy Transfer LP and three related entities, along with Texas Capital Bancshares Inc. Energy Transfer, USA Compression, and Sunoco entities will shift their primary listings in early October, with a combined market capitalization of nearly $100 billion. The Texas Stock Exchange is actively working to attract more major U.S. companies from established exchanges like the NYSE and Nasdaq.
