Best 10 Companies that had their IPO in 1996

Hi, Welcome to another informatory blog. Today we will discuss about some prominent companies that had their IPO in 1996.

Companies that had their IPO in 1996
Companies that had their IPO in 1996

👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈

Companies that had their IPO in 1996

1. Acer Inc

Acer is a large and influential technology company that began selling shares to the public on September 27, 1996. They offered 125 million shares at a price of TWD 43.60 each. The shares closed at TWD 40.10. They raised about TWD 5.45 billion. Acer is well-known for producing computers, laptops, tablets, monitors and other electronic devices. Their commitment to research and development has enabled them to stay competitive in a fast-paced industry. Acer has also made strategic moves to expand their presence in emerging markets, making them a truly global player in the technology sector. It is one of the major companies that had their IPO in 1996.

2. Pegasystems

Pegasystems became a publicly traded company on July 29, 1996. They offered 5 million shares at a price of $16 each. The shares closed at $19.75. They successfully raised about $80 million. Pegasystems specializes in creating software that assists businesses with customer service and management. Their solutions streamline processes, enhance efficiency and improve overall customer experience. Leveraging advanced technologies like artificial intelligence and automation, Pegasystems empowers organizations to stay agile and adapt to evolving market demands. Their dedication to innovation and customer-centric approach has earned them a reputation as a leader in the industry. It is one of the companies that had their IPO in 1996.

3. Hub Group

On October 3, 1996, Hub Group started selling shares to the public. They offered 6.9 million shares at $22 each but the shares closed at $21.38. They raised about $151.8 million. Hub Group is a company that provides comprehensive transportation and logistics services to businesses. Leveraging technology and digital tools, they ensure seamless operations and timely deliveries. Hub Group’s commitment to sustainability is evident through their eco-friendly practices, making them an attractive choice for environmentally conscious businesses. With a relentless focus on innovation and customer satisfaction, Hub Group continues to expand its reach and reinforce its position in the competitive logistics market. It is one of the major companies that had their IPO in 1996.

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4. E-Trade

E-Trade became a public company on August 16, 1996. They offered 4.6 million shares at a price of $14.50 each. The shares closed at $15.25 helping in raise about $66.7 million. E-Trade is an online company that provides investment and financial services to individuals. Their intuitive online platform empowers users to manage their portfolios and make informed decisions. After being acquired by Morgan Stanley, they now have greater resources to enhance their services and expand further. E-Trade’s commitment to transparency, security and user-friendly interfaces has attracted a large and loyal customer base. E-Trade is committed to empowering investors and helping them achieve their financial goals. It is one of the companies that had their IPO in 1996.

5. Viasat (American company)

On February 15, 1996, Viasat started selling shares to the public. They offered 6 million shares at $16 each and the shares closed at $55.03. They raised about $96 million. Viasat is a company that provides high-speed internet and communication services using satellite technology. Their reliable internet connectivity caters to both residential and commercial customers, including airlines, military and government entities. Viasat’s dedication to pushing technological boundaries has allowed them to offer faster speeds and more robust coverage. They continue to perform well and expand their offerings to serve diverse customers. It is one of the companies that had their IPO in 1996.

6. SS&C Technologies

On May 17, 1996, SS&C Technologies became a public company. They offered 3.75 million shares at $15 each and the shares closed at $15.25. They raised about $56.25 million. SS&C Technologies specializes in creating software for financial services and investment management. Their comprehensive suite of products assists financial institutions in streamlining operations, managing risk and delivering top-notch services to their clients. Leveraging data-driven insights and automation, SS&C Technologies enables investment professionals to stay competitive in a dynamic market. Their continuous focus on innovation and commitment to customer success have positioned them as a trusted partner to financial organizations worldwide. It is one of the companies that had their IPO in 1996.

7. Stericycle

Stericycle started selling shares to the public on May 12, 1996. They offered 4.6 million shares at $15 each and the shares closed at $18. They raised about $69 million. Stericycle is a company that helps businesses and healthcare facilities with waste management. They provide safe and sustainable solutions for handling hazardous and medical waste, ensuring regulatory compliance and minimizing environmental impact. Stericycle’s innovative waste disposal techniques and advanced recycling practices demonstrate their dedication to sustainability. They continue to be important in this field and keep growing by finding better ways to handle waste and protect the environment. It is one of the companies that had their IPO in 1996.

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8. Lithia Motors

Lithia Motors went public on December 13, 1996. They sold 2.8 million shares at a price of $13.50 each and the shares closed at $15.50. Through the IPO, the company raised around $37.8 million. Lithia Motors is a big car seller with many dealerships all over the United States. They sell both new and used cars and also provide car repair and maintenance services. Lithia Motors is a major player in the car retail industry and keeps growing by acquiring other companies and expanding on its own. It is one of the companies that had their IPO in 1996.

9. Ingram Micro

On April 1, 1996, Ingram Micro started selling shares to the public. They offered 20 million shares at $18 each. The shares closed at $23.625 and raised about $360 million. Ingram Micro is a major technology distributor, helping businesses with hardware, software and supply chain management. Their extensive global network and robust supply chain ensure efficient product delivery and customer support. Ingram Micro’s commitment to excellence has solidified their position as a go-to distributor for a wide range of technology products. They continue to be important in this field and keep growing by expanding their product and service offerings. It is one of the companies that had their IPO in 1996.

10. Lycos

On May 14, 1996, Lycos became a public company. They offered 5 million shares at $16 each and the shares closed at $21.375. They raised about $80 million. Lycos was one of the first internet search engines and web portals, offering search, email, news and forums. Despite the evolving internet landscape, Lycos continues to provide valuable online information and entertainment. They adapt to emerging trends and user preferences to remain a relevant player in the dynamic online space. Lycos’ dedication to innovation and user engagement drives their efforts to keep growing and providing meaningful digital experiences. It is one of the companies that had their IPO in 1996.

Conclusion

So, here we listed the Companies that had their IPO in 1996. Some of them have become dominant market players now. IPOs have significantly influenced the financial landscape by allowing companies to access public markets and raise capital for growth. They provide opportunities for investors to participate in the success of promising companies. However, going public through an IPO also brings challenges and responsibilities. By understanding the process, advantages, disadvantages and alternative paths, investors and companies can make informed decisions and successfully navigate the exciting journey to public ownership. Now let us see some frequently asked questions about Companies that had their IPO in 1996.

Companies that had their IPO in 1996 related FAQs

What is list of Companies that had their IPO in 1996 ?

Some notable Companies that had their IPO in 1996 –
Acer Inc.
Pegasystems
Hub Group
E-Trade
Viasat (American company)
SS&C Technologies
Stericycle
Blue Yonder
Ingram Micro
Lycos

👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈

Top 10 Companies that had their IPO in 2012, 2013, 2014, 2016, 2017, 2018, 2019, 2020

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Also Read – Lucid Motors Stock Price Prediction 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030

Disclaimer– This article is only for educational purposes. It is not investing advice. Please concern your financial advisor before any investment.

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