Boeing Co. - Stock Certificate
Inv# SE1606B StockSpecimen Stock, Printed by American Bank Note Company. The Boeing Company is a prominent American multinational entity engaged in the design, manufacture, and sale of a wide range of aerospace products, including airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles on a global scale. Additionally, the company offers leasing and product support services. Boeing ranks among the largest aerospace manufacturers worldwide and is recognized as the second-largest defense contractor globally based on revenue figures from 2018. Furthermore, it holds the distinction of being the largest exporter in the United States by dollar value. The company's stock is a component of the Dow Jones Industrial Average and it is incorporated in Delaware. Founded by William Boeing in Seattle, Washington, on July 15, 1916, the current corporation emerged from the merger with McDonnell Douglas on August 1, 1997.
At that time, Philip M. Condit, who was the chairman and CEO of Boeing, continued in those roles within the merged entity, while Harry Stonecipher, the former CEO of McDonnell Douglas, took on the positions of president and COO. Boeing's corporate headquarters is located in Chicago, Illinois, and the organization is structured into five main divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), Engineering, Operations & Technology, Boeing Capital, and Boeing Shared Services Group. In 2019, the company reported sales amounting to US$ 76.6 billion. Boeing was ranked 40th on the Fortune magazine "Fortune 500" list in 2019 and 121st on the "Fortune Global 500" list in 2020. However, in 2019, the company's global reputation, commercial operations, and financial standing were adversely affected following the grounding of the 737 MAX aircraft worldwide, which resulted from two tragic crashes occurring in late 2018 and early 2019.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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