Henry Schein, Inc. opened the Nasdaq Stock Market in celebration of its 20th anniversary as a publicly traded company. In honour of the occasion, Team Schein will lead the celebration, joined by Nasdaq President and Chief Operating Officer Adena Friedman, as well as customers, suppliers, investors and leaders from the health care profession.
“Twenty years ago, we had a vision of what Henry Schein could become,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “Since then, more and more people have joined us in sharing that vision, in building our company, and in expanding our presence in the global markets we serve. We have demonstrated that companies can successfully serve shareholders while also serving society. We have dreamed big and built something great over the past 20 years, with the support of nearly 19,000 Team Schein Members, our supplier partners and our customers. Today, we are pleased to join our partners at Nasdaq, home to many of the world’s most innovative companies, to mark this momentous occasion in the history of Henry Schein.”
In the initial public offering, Henry Schein raised $72.8 million. At that time, Henry Schein’s sales were $616 million, with a market capitalisation of $288 million and approximately 3,200 Team Schein Members. In 2015, Henry Schein reported record sales of $10.6 billion, and its market cap currently stands at $14.1 billion. The company has more than one million customers and has operations or affiliates in 33 countries.
For 15 consecutive years, Henry Schein has been named to the FORTUNE® “World’s Most Admired Companies” list and for five consecutive years, it has been named one of the World’s Most Ethical Companies by the Ethisphere Institute. Ranked #287 on the Fortune 500 List, the company is a member of the Nasdaq 100 Index and S&P 500 Index.
“For 20 years, we have watched Henry Schein achieve new heights and expand its global reach, all while giving back to the industries and communities it serves,” Ms. Friedman said. “We are pleased to welcome the Henry Schein team to the Nasdaq MarketSite in celebration of 20 years of success.”