A Look Back At The MasterCard IPO
Almost one year ago, on August 31, 2005, MasterCard announced plans for a new corporate governance and open ownership structure that ultimately led to a successful initial public offering about nine months later, on May 24, at an initial offering price of $39.00 per share. On Friday, MasterCard's stock closed at $55.00 per share, up 41 percent in the three months since completion of the IPO.
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