April 2, 1940 – The First Sales of Disney Common Stock are Offered
On April 2, 1940, the first common stocks of Walt Disney Productions were offered to the public. The offerings were released with 6% cumulative convertible preferred shares; common stock offerings were about $5 a share (almost $89 when adjusted for inflation). The sales of stocks went on to raise $3.5 million for the company. On November 12, 1957, the company would be listed on the New York Stock Exchange.
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