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The Alcon product line has expanded from pharmaceuticals to the surgical arena. Today, Alcon has operations in 75 countries and its products are sold in over 180 countries. Nestlé conducted an initial public offering of 25% of its stake in Alcon in 2002. The stock is traded under the ticker symbol ALC.
Alcon relocated its headquarters to Geneva in 2018, citing an opportunity to “increase Alcon’s global scale and reach to better serve customers.” The company employs a total of 25,000 people.
Alcon: At the time Novartis bought Alcon, they had annual sales of $6.5 billion and a net income of $2 billion. In April 2019, Novartis completed the spin-off of Alcon as a separate commercial entity. Sandoz: As of 2013, Sandoz has been recognized as the world's second-largest generic drug company.
As shareholder. Nestlé owns 23.29% of L'Oréal, the world's largest cosmetics and beauty company, whose brands include Garnier, Maybelline, Lancôme and Urban Decay. Nestlé owned 100% of Alcon in 1978. In 2002 Nestlé sold 23.2% of its Alcon shares on the New York Stock Exchange.
Ford Falcon (North America) The Ford Falcon is a model line of cars that was produced by Ford from the 1960 to 1970 model years. Though preceded by the Rambler American, the Falcon was the first compact car marketed by the Big Three American manufacturers. In contrast to its Chevrolet Corvair and (Plymouth) Valiant competitors, the Falcon was ...
Sika announced a 1:60 stock split. Before this change, it was the SMI constituent with the highest price per share. April 2019: Julius Bär replaced by Alcon after a spin-off (5:1) from Novartis. September 2020: Adecco replaced by Partners Group after the ordinary index review. May 2021: LafargeHolcim renamed to Holcim. September 2021