Workflow
Simpson Manufacturing Co. Celebrates 30 Years as a Public Company with Ringing of the Closing Bell at the NYSE on September 6th
SSDSimpson(SSD) Prnewswire·2024-09-03 20:15

Company Overview - Simpson Manufacturing Co, Inc is a leading manufacturer of wood and concrete construction products, including connectors, truss plates, fastening systems, and adhesives [3] - The company primarily supplies building product solutions to residential and commercial markets in North America and Europe [3] - Simpson Manufacturing Co, Inc is headquartered in Pleasanton, California and trades on the NYSE under the symbol "SSD" [3] Financial Performance - Since its IPO in 1994 at 11.50pershare(11.50 per share (2.875 split-adjusted), the company has grown from approximately 150millioninannualsalestoover150 million in annual sales to over 2 billion in annual sales [2] - As of August 30, 2024, shares of Simpson closed at $183.06, resulting in a total compound annual growth rate of approximately 14.7% when including quarterly dividends [2] Corporate Milestones - Simpson Manufacturing Co, Inc will celebrate its 30th anniversary as a publicly listed company on September 6, 2024 [1] - President and CEO Mike Olosky will ring the closing bell at the NYSE on September 6, 2024 to commemorate this milestone [1] Leadership and Strategy - Mike Olosky, President and CEO, expressed gratitude to team members, customers, suppliers, and stockholders for their contributions to the company's success [2] - The company is committed to accelerating traction on key growth initiatives to drive enhanced shareholder value and continued market outperformance [2]