Canadian National Railway celebrated the 30th anniversary of its privatization on Tuesday (Nov. 17), with CEO Tracy Robinson and Shauneen Bruder, chair of the railroad’s board of directors, marking the event by ringing the opening bell at the Toronto Stock Exchange and the closing bell at the New York Stock Exchange.
CN raised Ca$2.25 billion in its initial public offering on Nov. 17, 1995, at that time the largest IPO in Canadian History.
“This day thirty years ago marked a milestone in CN’s transformation into the industry leader we are today,” Robinson said in a press release. “Everyone who contributed to this success can look back with immense pride knowing that that same spirit is what continues to drive us today. The strength of CN lies in our ability to power the economy.
