Introduction
Dr Pepper has been a popular choice for carbonated soft drinks since it was first introduced in 1885. Although the company has changed hands over the years, it continues to be a popular choice for soda lovers. Its stock history is interesting and shows how the company has evolved and changed over the last century. This article will provide an overview of the stock history of Dr Pepper.
Dr Pepper's Early Years
Dr Pepper was invented in 1885 by Charles Alderton in Waco, Texas. The company was incorporated in 1889 and was sold to the Artesian Manufacturing and Bottling Company. The company was eventually sold to the American Bottling Company in 1923. The brand was then sold to the investment firm of J.H. Keurig and Company in 1926. The company was then sold to the Seven-Up Company in 1972 and then to Cadbury Schweppes in 1995.
Dr Pepper's Stock History
In 1995, Cadbury Schweppes acquired the Dr Pepper company and it became a publicly traded company on the London Stock Exchange. The company was listed under the ticker symbol CSG and traded on the exchange until 2008. During its time as a publicly traded company, the stock had a high of $13.72 and a low of $7.25. In 2008, Cadbury Schweppes decided to delist the company from the London Stock Exchange.
The Company After the Delisting
After the delisting from the London Stock Exchange, Dr Pepper was acquired by the Plano, Texas-based Dr Pepper Snapple Group in May of 2008. The company is now a subsidiary of the larger Dr Pepper Snapple Group. The stock is not publicly traded; however, it is still owned by the parent company. The company has continued to be successful and remains a popular choice for carbonated soft drinks.
Dr Pepper's Impact on the Stock Market
During the time that Dr Pepper was publicly traded on the London Stock Exchange, the company had a significant impact on the stock market. The stock was seen as a reliable and stable investment and it had a positive effect on the overall market. Although the stock is no longer publicly traded, the company still has an impact on the stock market and is still seen as a reliable company.
Conclusion
Dr Pepper has a long and interesting stock history. It was first listed on the London Stock Exchange in 1995, but it was delisted in 2008. The stock had a positive impact on the stock market during its time as a publicly traded company. The company is now a subsidiary of the larger Dr Pepper Snapple Group and is not publicly traded. However, it still has an impact on the stock market and is seen as a reliable and stable company.