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Texas Instruments to move to NASDAQ: Ticker symbol to remain TXN

Texas Business reports:  DALLAS—Texas Instruments Incorporated is transferring its stock exchange listing to The NASDAQ Global Select Market from The New York Stock Exchange, effective January 1, 2012.

TI shares will begin trading as a NASDAQ-listed security on January 3, 2012, and will continue to trade under the symbol TXN.

“NASDAQ is home to many of the world's best technology companies and is a natural fit for TI,” said Ron Slaymaker, TI vice president and head of investor relations in a prepared statement. “NASDAQ itself has always been an early adopter of technology.  This move will enhance our public visibility while offering our shareholders cost-effective access to advanced trading technologies.”

“We welcome Texas Instruments to NASDAQ,” said Bruce Aust, Executive Vice President, Global Corporate Client Group, NASDAQ OMX. “TI is one of the world's most significant global semiconductor companies and its technologies power many of the most popular consumer and enterprise electronics products on the market today.  TI has a long history of focusing on shareholder value and this move will only reinforce that reputation.”