UGI Corporation - Specimen Stock Certificate
Inv# SE1273 Stock
Specimen Stock printed by American Bank Note Company. UGI Corp. supplies energy products. UGI Corporation (formerly United Gas Improvement Co.) is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe. UGI owns AmeriGas, the largest propane marketer in the United States. UGI also owns AvantiGas, Antargaz and Flaga in Europe. UGI also operates interstate and intrastate transmission and natural gas storage assets in the Marcellus Shale. UGI was incorporated in 1882 as United Gas Improvement Co.
In 1903, the company owned the majority of the stock of the Equitable Illuminating Gas Light Company, which operated the Philadelphia Gas Works. The company formed the United Electric Company of New Jersey in 1899. United Electric consolidated several electric and lighting utilities into a single holding company. Public Service Corporation of New Jersey took over United Electric in 1907. United Electric was ultimately merged into Public Service Enterprise Group. Read more at https://en.wikipedia.org/wiki/UGI_Corporation
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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