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NEW YORK -- Seven months after listing its initial public offering on the New York Stock Exchange (NYSE), the leadership team of CST Brands Inc. rang the opening bell today.
Flanked by the company's board of directors and leadership team, CST Brands Chairman, President and CEO Kim Bowers officially opened the stock market for trading this morning.
San Antonio-based CST Brands, one of the largest independent retailers of motor fuels and convenience merchandise in North America, was spun off from Valero Energy Corp. on May 1. The company operates nearly 1,900 locations throughout the southwestern United States and Eastern Canada, offering a broad array of convenience merchandise, beverages, snacks and fresh food.