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NewsHVAC Breaking News Newsline

Carrier Begins Trading on New York Stock Exchange

Becomes independent, publicly traded company

Breaking News - The ACHR NEWS
The ACHR NEWS
April 6, 2020

PALM BEACH GARDENS, Fla. — Carrier Global Corporation debuted as an independent, publicly traded company after successfully completing its separation from United Technologies. Shares of Carrier began “regular-way” trading on the New York Stock Exchange (NYSE) on April 3 under the symbol “CARR.”

“Against the backdrop of unprecedented global uncertainty, Carrier and its employees remain focused and continue to solve critical challenges – from improving indoor air quality, protecting the world’s food and pharmaceutical supply, and keeping people safe and secure,” said Carrier President and CEO Dave Gitlin. “I am honored to lead this fantastic company and now, more than ever, I am incredibly proud of the perseverance and resiliency of our talented workforce. For more than a century, Carrier has been a symbol of excellence, and today, as a standalone company, we have defined our own strategy, vision, culture, and priorities. We have an unmatched legacy and look forward to delivering sustainable long-term growth to our shareowners and other stakeholders.”

As an independent company, Carrier will have greater focus and enhanced agility based on its own distinct operating priorities and strategies for long-term growth and profitability, including strengthening and growing its core businesses, extending its product range and geographical coverage, and expanding service and digital offerings.

Carrier will continue to contribute meaningfully to communities around the world through employee volunteerism and environmentally responsible operations, products and services. Carrier’s recent $3 million, three-year donation to The Nature Conservancy will help cities better prepare for climate change and support the development of online STEM education for children around the world, and is a testament to Carrier’s commitment to environmental leadership.

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