ADT Inc (NYSE:ADT) opened for trading on the NYSE exchange under the ticker “ADT” following its IPO on January 19, 2018. It is a major provider of automation and security solutions for businesses and homes in Canada and the United States, with nearly 18,000 employees and around 7.2 million customers.
Timothy J. Whall, the CEO of ADT, joined by members of company’s board of directors and senior executive team and, rang the Opening Bell® of NYSE, followed by a stopover to the DMM site on the Trading Floor to see the price discovery procedure. The process concluded with the ringing of the First Trade Bell by Whall, which indicated the opening of the stock.
The CEO of ADT expressed that they have 18,000 personnel who have helped record tremendous strides as a firm over the previous two years in redefining consumer experience and what security indicates. A big appreciation goes out to their passionate team members for unceasingly focusing on the one element that matters most, and that is their customers.
Tom Farley, the President of NYSE, expressed that they are delighted to welcome ADT to the community of the world’s major companies at NYSE. They congratulate the company team on its Initial Public Offering, and they are proud to mark this thrilling new chapter for the firm and its shareholders.
With 200 sites across Canada and the U.S., and over 300 authorized Dealers, the company is an industry pioneer in sales, service and installation field force. ADT team members get an average of 40,000 alarms per day. As it is known, the NYSE platform is home to several of the world’s most renowned brands, technology business pioneers and emerging growth firms shaping today’s international economic landscape. ADT is a major provider of automation and security solutions in the U.S. and Canada for businesses and homes.