REG Rings the Bell to Celebrate IPO
The Renewable Energy Group (REG) celebrated its recent initial public offering (IPO) at the NASDAQ, located in New York City, in a closing bell ceremony to recognize shareholders, the board of directors, employees and client service providers. The company officially became public on January 18, 2012 and on hand for the ringing of the bell yesterday was Chairman of the Board, Jeff Stroburg; President and CEO, Daniel J. Oh; and members of the Renewable Energy Group team.
“The biodiesel we produce is an important alternative as crude oil prices remain high and our nation works to meet energy security and cleaner air goals with lower carbon fuels,” Renewable Energy Group President & CEO in remarks today. “We are proud to play a role in our nation’s energy complex as an industry-leading biorefining company offering rapid growth opportunities.”
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REG Financials Strong - Domestic Fuel
[...] biodiesel producer, came out strong in its first quarter financials. Earlier this year, REG had a very successful public offering. For the quarter ending March 31, 2012 revenues were $188.2 million, an increase of 80 percent [...]
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