Cullen/Frost Bankers to move listing to Texas Stock Exchange

• Cullen/Frost Bankers (CFR) to transfer its primary stock exchange listings from the New York Stock Exchange to the Texas Stock Exchange.
• Phil Green, chairman and CEO of Cullen/Frost said the company believes Texas is experiencing a significant period of economic growth, with more businesses and people in the financial sector moving to the state, particularly toward the emerging "Y'all Street" financial district in Dallas.
• He added that the listing transfer would reinforce Cullen/Frost's position as a leading Texas-based financial institution.
• The move covers the company's common stock, which trades under the ticker CFR, and its depositary shares representing a 1/40th interest in its 4.450% non-cumulative perpetual preferred stock, Series B, which trade under the ticker CFR.PrB.

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