Hamilton marks IPO with ringing of NYSE bell
There was loud applause, led by Pina Albo, the chief executive of the Hamilton Insurance Group, as the company celebrated the launch of its initial public offering with the ringing of the bell at the New York Stock Exchange.
The chief executive was joined by a number of company executives as he whistled and enthusiastically led the start of the celebration before pushing the button.
Hamilton’s IPO included an aggregate of 15 million Class B common shares, including 6.25 million Class B common shares sold by the company and 8.75 million Class B common shares sold by certain of the company’s existing shareholders, at a price to the public of $15 per share.
The common shares began trading on the New York Stock Exchange on November 10 under the ticker symbol HG.
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