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North American home builder now listed as THMC
Taylor Morrison, a leading builder and developer of single-family detached and attached homes, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “TMHC” after its initial public offering.
Barclays Capital is the Designated Market Maker (DMM) for the company’s stock. President and Chief Executive Officer Sheryl Palmer, joined by members of the Taylor Morrison management team, celebrated the company’s first day of trading by visiting the NYSE trading floor for the stock opening and by ringing the exchanges’ famous opening bell.
“We welcome Taylor Morrison in joining the NYSE’s community of listed companies,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. With its diverse line of consumer housing, Taylor Morrison offers a suite of brands to best serve the needs of its customers.
“We look forward to a successful and lasting partnership with Taylor Morrison and its shareholders” said Mr Cutler.
Headquartered in Scottsdale, Arizona, the Company operates in the U.S. under the Taylor Morrison and Darling Homes brands and in Canada under the Monarch brand. Taylor Morrison is a land developer and builder of single-family detached and attached homes serving a wide array of customers from first-time buyers and move-up families to luxury and active adult customers.
Taylor Morrison divisions operate in Arizona, California, Colorado, Florida and Texas. Darling Homes serves move-up families and luxury homebuyers in Texas. Monarch, Canada’s oldest homebuilder builds homes for first-time buyers and move-up families in Toronto and Ottawa as well as high rise condominiums in Toronto.
