![]() An incredible feat! During that period, we have seen good times, tough times, and yes even great times. In the past 25 years, we have transformed from a storage start-up to a global technology leader with more than 70,000 people. Today is a remarkable day in EMC’s history. And I thank our valued customers for their trust, business, and friendship.īut I also recognize the need for change, and size, coupled with focus of mission, and capabilities, matter! I believe that this transaction will put EMC and our terrific people in the best position possible to thrive in the new world order. I owe each one of them an incredible debt of gratitude. I love our people and the culture we have built. It has been a journey that I wouldn’t have traded for anything. I am incredibly proud of the business we have built here at EMC. This is a bittersweet announcement for me. ![]() Energy, Climate Action & Sustainability.APEX Cloud Platform for Red Hat OpenShift.APEX Cloud Platform for Microsoft Azure.APEX Data Storage Services Backup Target.Information about EMC's products and services can be found at. publicly traded company over that time period (based on the closing price of $139.6875 per share on May 2, 2000).ĮMC Corporation (NYSE:EMC) is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. From January 1, 1990, through the close of trading on May 2, 2000, EMC stock has risen more than 103,000% - more than any U.S. A stockholder who bought 1,000 shares of EMC stock at the company's initial public offering in April 1986 at $16.50 per share, for a total investment of $16,500, and held the stock would own 36,000 shares today valued at more than $5 million (based on the closing price of $139.6875 on May 2, 2000).ĭuring the 1990s, EMC achieved the highest single-decade performance of any listed stock in the history of the New York Stock Exchange. EMC stock began trading publicly in 1986. EMC's most recent stock split, a two-for-one, was in May 1999. The stock split will be EMC's sixth since 1992. "This split will lower our share price and make EMC stock even more accessible to investors who are seeking the perfect blend of old-economy strength and new-economy innovation." "Our role in the information economy is making EMC one of the most recognized stocks among individual investors," Ruettgers continued. Information storage spending is forecasted to grow at a faster rate than any other technology infrastructure category over the next few years and we expect to extend our leadership position." ![]() EMC is at the center of this phenomenon, providing the most advanced information infrastructure technology to businesses and other organizations around the world. "The impact of information on the growth of the global economy and the way people live is only beginning to be felt. "We are at the dawn of the information age," said EMC Chief Executive Officer Mike Ruettgers. EMC is hosting its Annual Meeting of Stockholders today in Southborough, Mass., for the first time providing live video web streaming for investors worldwide. The record date for the stock split will be May 19, 2000, and the distribution date will be June 2, 2000.
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