PLEASANTON, Calif. , Sept. 3,
2024 /PRNewswire/ -- Simpson Manufacturing Co.,
Inc. (the "Company") (NYSE: SSD), an industry leader in engineered
structural connectors and building solutions, today announced that
Mike Olosky, President and Chief
Executive Officer, will ring the closing bell at the New York Stock
Exchange (NYSE) on Friday, September 6,
2024, in celebration of the Company's 30th
anniversary as a publicly listed company. Simpson senior leadership
team members and their guests will participate in the ceremony.
Live coverage of the event will begin on Friday, September 6, 2024, at 3:55 p.m. ET. To watch the bell ringing, please
visit https://www.NYSE.com/bell.
Mike Olosky, Simpson's President
and Chief Executive Officer, said, "I am incredibly proud of all
that Simpson has accomplished in our 30 years as a publicly traded
company. As we commemorate this milestone, I want to express my
gratitude to all of our team members for their dedication to our
customers and to furthering our mission of helping people design
and build safer, stronger structures. I'd like to further thank our
valued customers, suppliers and stockholders for their
contributions to our success over the years. As we look ahead, we
are committed to accelerating traction on our key growth
initiatives to drive enhanced shareholder value and continued
market outperformance."
Since its debut at $11.50 per
share ($2.875 split-adjusted) at its
initial public offering (IPO) on May 25,
1994, the Company has evolved from approximately
$150 million in annual sales to a
world-leader in structural solutions eclipsing $2 billion in annual sales. Thirty years and two
stock splits later, shares of Simpson closed at $183.06 on August 30,
2024, which, together with quarterly dividends, has resulted
in a total compound annual growth rate of approximately 14.7%.
About Simpson Manufacturing Co., Inc.
Simpson
Manufacturing Co., Inc., headquartered in Pleasanton, California, through its
subsidiaries, including Simpson Strong-Tie Company Inc., designs,
engineers and is a leading manufacturer of wood construction
products, including connectors, truss plates, fastening systems,
fasteners and shear walls, and concrete construction products,
including adhesives, specialty chemicals, mechanical anchors,
powder actuated tools and reinforcing fiber materials. The Company
primarily supplies its building product solutions to both the
residential and commercial markets in North America and Europe. The Company's common stock trades on
the New York Stock Exchange under the symbol "SSD."
CONTACT:
Addo Investor Relations
investor.relations@strongtie.com
(310) 829-5400
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SOURCE Simpson Manufacturing Co., Inc.