Caterpillar chairman and CEO Jim Owens last week rang the opening bell on the New York Stock Exchange to mark the company’s 80th anniversary of being publicly traded. The NYSE is considered the world’s foremost securities marketplace, and Caterpillar is among the two percent of companies that have been listed on the NYSE for more than 80 years.
“For decades, our customers have counted on Caterpillar products to help them achieve success in their businesses,” Owens said. “Caterpillar has also forged a strong reputation with stockholders for performance and financial strength in both good times and challenging environments such as those facing the global economy during the last year.
“We have made dividend payments to our stockholders for 305 consecutive quarters, starting in November 1933, and to celebrate 80 years as a listed company on the NYSE is a mark few companies achieve, and it is a tribute to Team Caterpillar,” Owens said.
To mark its 80-year milestone, Caterpillar had a display in front of the NYSE that included a mini hydraulic excavator and a multi-terrain loader. The No. 31 Chevrolet driven by Jeff Burton during the 2009 NASCAR Sprint Cup Series season was also part of the display.
Caterpillar is headquartered in Peoria, Ill.