Johnson Controls (NYSE:JCI) Chairman and CEO Alex Molinaroli along with other company executives will celebrate 50 years of being listed on the New York Stock Exchange (NYSE) by ringing the Closing Bell® at 4 p.m. Eastern time.
Then known as Johnson Service Company (JSC), 1.6 million shares of common stock were first issued on Oct.11, 1965. That year, the company attained $92 million in revenue. In FY 2014, Johnson Controls had a record $42 billion in revenue. The company has paid consecutive dividends since 1887.
“Being listed on the NYSE for 50 years is a testament to our dedicated employees past and present around the world and shareholders who understand our history of focusing on operational excellence, innovation, and exceeding our customers’ expectations,” said Molinaroli.