Centuri Announces NYSE Bell Ringing to Commemorate Initial Public Offering

Rhea-AI Summary

Centuri Holdings has announced that its President and CEO, Bill Fehrman, will ring the NYSE opening bell on June 5, 2024. This event follows Centuri's successful Initial Public Offering (IPO) on April 18, 2024. The company, listed under the stock symbol CTRI, is a leading utility infrastructure services provider in North America. The ceremony, which can be viewed online, symbolizes Centuri's commitment to growth in gas and electric infrastructure and energy transition projects across North America.

Positive

• Successful IPO on April 18, 2024.
• NYSE bell-ringing ceremony on June 5, 2024, signifies a major milestone.
• Centuri is a leading utility infrastructure services provider in North America.
• Focus on growing demand for gas and electric infrastructure expansion.
• Commitment to energy transition projects.

Negative

• No specific financial metrics or revenue figures provided in the announcement.
• Potential market volatility post-IPO not addressed.
• No mention of how the proceeds from the IPO will be utilized.

PHOENIX--(BUSINESS WIRE)-- Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri”), a leading, pure-play North American utility infrastructure services company, today announced that Centuri President and CEO Bill Fehrman will ring the NYSE opening bell on Wednesday, June 5. This comes following a successful Initial Public Offering on April 18, 2024.

The ceremony will begin at approximately 9:30 a.m. EDT and can be viewed at https://www.nyse.com/bell.

“I’m honored to ring the NYSE opening bell on behalf of Centuri and our more than 12,000 employees,” said Centuri President and CEO Bill Fehrman. “This ceremony is a time-honored tradition that we appreciate given our 100-year history. It also signifies the next chapter for us as we continue to support growing demand for gas and electric infrastructure expansion and upgrades, as well as the energy transition, on behalf of our utility customers across North America.”

About Centuri

Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240605126599/en/

For Centuri Shareholders, contact:

(623) 879-3700

Investors@Centuri.com

For Centuri media information, contact:

Jennifer Russo

(602) 781-6958

JRusso@Centuri.com

Source: Centuri Holdings, Inc.

FAQ

When did Centuri Holdings complete its IPO?

Centuri Holdings completed its Initial Public Offering on April 18, 2024.

What is the significance of Centuri Holdings ringing the NYSE bell?

Ringing the NYSE bell on June 5, 2024, signifies Centuri Holdings' successful IPO and marks its commitment to future growth and expansion in utility infrastructure services.

What is Centuri Holdings' stock symbol?

Centuri Holdings is listed under the stock symbol CTRI.

How many employees does Centuri Holdings have?

Centuri Holdings has over 12,000 employees.

What sectors does Centuri Holdings focus on?

Centuri focuses on the utility infrastructure services sector, specifically gas and electric infrastructure expansion and energy transition projects.