Officials celebrate anniversary with Closing Bell ceremony
Johnson Controls Chairman and CEO Alex Molinaroli along with other company executives celebrated 50 years of being listed on the New York Stock Exchange (NYSE) by ringing the Closing Bell® on Oct. 9, 2015.
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.