PPG Industries Inc
NYSE:PPG
PPG's latest stock split occurred on Jun 15, 2015
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, PPG traded at 233.25 per share. Afterward, the share price was about 98.0564.
The adjusted shares began trading on Jun 15, 2015. This was PPG's 4th stock split, following the previous one in Jun 13, 1994.
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PPG Industries Inc
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Founded in 1883 as Pittsburgh Plate Glass, PPG Industries Inc. has evolved into a powerhouse within the coatings industry. Initially focused on glass manufacturing, the company strategically diversified over decades, becoming a leading player in paints, coatings, and specialty materials. Today, PPG operates in more than 70 countries, serving industries including automotive, aerospace, and construction. But what truly sets PPG apart is its commitment to innovation, with a sprawling network of research and development facilities driving advancements in sustainable and eco-friendly coating technologies. This focus not only meets the modern demands for environmentally conscious products but also strengthens its competitive edge in global markets. At the core of PPG's business model is its ability to provide highly specialized coatings and paints. These products serve a multitude of purposes — from protecting vast industrial installations to enhancing the aesthetics and durability of automobiles. Revenue streams are generated through both direct sales to other businesses and consumer markets, with PPG's products gracing everything from skyscrapers to everyday household items. The company’s robust distribution network and well-established brand reputation amplify its market reach, securing long-term relationships with major players across various sectors. PPG’s dexterous blend of innovation, strategic acquisitions, and focus on sustainability ensures it remains a significant force in the coatings and materials industry.
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