Business Services Industry
Southern Union Co. applies for NYSE listing
Business Wire, Feb 13, 1995
AUSTIN, Texas--(BUSINESS WIRE)--Feb. 13, 1995--Southern Union Co. (AMEX: SUG) Monday announced that it has filed an application to list its common stock with the New York Stock Exchange (NYSE).
Trading is expected to begin late February under the symbol "SUG."
Southern Union Co. has 11,457,669 shares of common stock outstanding. The common stock has traded in a 52-week range on the AMEX of $24 1/2 to $15 1/2. It closed at $16 1/4 on Feb. 10, 1995.
"We expect this move to the New York Stock Exchange to provide a larger trading audience and increase interest in our company," said Ronald J. Endres, senior vice president for finance and administration and chief financial officer of Southern Union.
Southern Union Co. markets and distributes natural gas to approximately 958,000 customers in Texas, Oklahoma and Missouri. In addition to its primary business activities, the company is a leader in innovative uses of natural gas.
CONTACT: Southern Union Co.
Tela Mange, 512/370-8663
Carolyn Smith, 512/370-8217
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