Interface Changing Ticker Symbol to 'TILE'
Atlanta, GA, Jan. 15, 2013 -- Carpet tile maker Interface said it will change its stock ticker symbol listed on Nasdaq to "TILE" from "IFSIA."
The change will become effective at the start of trading on Friday, Jan. 18.
To mark the occasion, CEO Daniel T. Hendrix will ring the closing bell at the Nasdaq MarketSite that day.
"We have now aligned our ticker symbol with our core strategic focus as the global leader in carpet tile," Hendrix said.
"For shareholders and customers who know Interface, 'TILE' is a natural fit with our company and overall strategy. We are also expanding the general definition for people who might not yet be familiar with Interface or the association between 'TILE' and carpet. Renaming the ticker symbol is another way we hope to create additional awareness and recognition."
In recent years, Interface has expanded its presence in the carpet tile market in North America, Europe and Asia, including the roll-out of 18 Flor consumer stores across the U.S. and Canada, and the opening of a manufacturing plant in China.