General Cable Corporation - General Cable was Owned by Penn Central from 1981 to 1992 - Specimen Stock Certificate
Inv# SE2052 Stock
Specimen Stock printed by American Bank Note Company. General Cable is a prominent American multinational corporation specializing in cable manufacturing, headquartered in Highland Heights, Kentucky. The company operates sales offices and production facilities across various countries. It is engaged in the production and distribution of cables made from copper, aluminum, and optical fiber. In December 2017, the Italian conglomerate Prysmian completed the acquisition of General Cable in a transaction valued at $3 billion, which was finalized on June 6, 2018. Established in New Jersey in 1927, General Cable emerged from the consolidation of several older enterprises founded in the 19th century, such as Phillips Wire and Safety Cable Company, Rome Wire Company, and Standard Underground Cable. From 1981 to 1992, General Cable was under the ownership of Penn Central.
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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