Tomkins on Yahoo Finance: A Historical Overview
While you might search for “Tomkins” on Yahoo Finance, you likely won’t find a currently listed stock. This is because Tomkins plc, a significant British engineering conglomerate, was acquired by Onex Corporation and the Canada Pension Plan Investment Board (CPPIB) in July 2010. As a result, Tomkins plc ceased to exist as an independent publicly traded entity and therefore disappeared from stock market listings like Yahoo Finance.
Prior to its acquisition, Tomkins plc was a major player in various industries, particularly power transmission, engineered products, and air distribution. It boasted a diverse portfolio of brands and subsidiaries, contributing to its global reach and substantial revenue. Its presence on Yahoo Finance reflected its status as a publicly listed company on the London Stock Exchange (LSE), providing investors with access to vital information such as share price, financial statements, news articles, and analyst ratings.
The historical data that was available on Yahoo Finance for Tomkins plc included a wealth of information spanning its time as a publicly traded entity. This encompassed:
- Stock Quotes: Daily and historical stock prices, including opening and closing prices, high and low prices, and trading volume.
- Financial Statements: Annual and quarterly reports, providing insights into the company’s revenue, profit, expenses, and assets. Key financial ratios were also readily available.
- News and Press Releases: Articles and announcements related to Tomkins plc, covering topics such as earnings reports, mergers and acquisitions, and strategic initiatives.
- Company Profile: A summary of Tomkins’ business operations, its industry sector, and key personnel.
- Analyst Ratings: Ratings and price targets from financial analysts, offering perspectives on the company’s future prospects.
The acquisition of Tomkins plc marked the end of an era for the company as a publicly traded entity. Onex and CPPIB saw significant value in Tomkins’ underlying businesses and potential for growth under private ownership. The delisting of Tomkins from the LSE and its subsequent removal from platforms like Yahoo Finance reflected this fundamental change in the company’s structure and ownership.
While you can no longer track Tomkins’ stock performance on Yahoo Finance, information about its historical financial performance and business activities can still be found through various sources, including archived financial reports, news articles, and industry publications. Understanding the history of Tomkins plc provides valuable context for analyzing the evolution of the engineering and manufacturing sectors, as well as the impact of private equity acquisitions on publicly traded companies.
Therefore, searching for “Tomkins” on Yahoo Finance today will likely lead to results for other companies. To research the historical Tomkins, using broader search terms focusing on historical stock quotes, or consulting financial archives, would be more fruitful.