Rollins Celebrates 50th on NYSE

Rollins Celebrates 50th on NYSE

On Friday, a team from Rollins commemorated the company’s 50th anniversary of trading on the NYSE.

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August 9, 2018
Edited by Brad Harbison

ATLANTA, Ga. - Rollins, Inc. executives, members of the board of directors and guests visited the New York Stock Exchange (NYSE) on Friday and rang The Closing Bell to commemorate the company’s 50th anniversary of trading on the NYSE.  In honor of this event, the company hosted an Analyst Day and an exhibit in Experience Square, located outside the NYSE.

To mark the occasion, R. Randall Rollins, chairman of the board, and Henry B. Tippie, lead director, participated in The Closing Bell ceremony. These two men made history at the NYSE, sharing the distinction of being the only two directors present for a company’s initial listing and its 50th anniversary. Rollins, Inc. is the 204th longest listed company on the NYSE.

R. Randall Rollins said, “This is a great achievement for us. We are proud of our heritage, including remaining at the forefront of the pest control service industry since acquiring Orkin in 1964. In the past 50 years, Rollins has grown from a few U.S. operations to a premier global consumer and commercial services company with more than 700 operations in 55 countries.”

Henry B. Tippie stated, “It is an honor to represent Rollins at this ceremony. During the past half century, the Company has changed tremendously, moving from the media communication industry to becoming the world’s pest control leader.  The company has built its success on never losing sight of its founding principles of integrity, hard work, innovation and dedication, which has benefitted its customers and employees. I am extremely privileged to have been a part of this journey.”

Meaningful Milestones

• In 1964, Rollins acquired Orkin for $62.4 million with reported sales of $37 million. In fiscal 1969, Rollins reported revenues of $106.3 million. At the end of fiscal 2017, the Company reported revenues of $1.7 billion.  
• In 1995, Orkin established its domestic franchise program, and in 2000, Orkin launched its first international franchise. Today, Orkin has 84 international franchises represented in 55 countries.
• In 1999, Orkin acquired Canada’s leading pest control company, PCO Services, now Orkin Canada. Since that time, the Company has become the parent of 18 leading pest control brands providing termite and pest control services to commercial and residential customers worldwide.
• In 2001, the Company established the Rollins Learning Center, a multi-million dollar hands-on training facility in Atlanta. Its state-of-the-art interactive distance learning system reaches employees worldwide.  In 2017, Training magazine recognized Rollins, Inc. for the 12th time for the quality, commitment and investment in training its employees. 
• For the past 20 consecutive years, Rollins has enjoyed increasing revenues and profits, and for the last 16 years, the Company’s Board of Directors has approved yearly dividend increases by a minimum of 12 percent. Additionally, Rollins has declared a special dividend for the past six years.

Gary W. Rollins, vice chairman and chief executive officer of Rollins, Inc. stated, “We are indeed proud of Rollins’ achievements during the past 50 years.  We attribute our success to the numerous contributions of our past and present employees who embrace our mission to be the world’s best service company. We are committed to enhancing value for our shareholders, and we are all enthusiastic about our Company’s future. We are also committed to providing excellent service for our customers, while offering more security and opportunities for our employees. We believe our dedication to these principles will enable Rollins to achieve growth and prosperity now and well into the future.”