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Home » American Express » History |
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American Express History |
American Express Company History can be traced back to 1850 when the company first started as an express mail business in Albany, New York. The Company was in the beginning founded as a joint stock association and it was in 1965 that the company converted to a New York corporation and was first listed on the New York Stock Exchange in 1977 and began trading on the NYSE with the stock symbol AXP. Today, American Express Company Inc. is a diversified global financial services company having its corporate headquarters in New York City catering comprehensive range of products and services to customers worldwide. The Company has total assets of over US$124 billion as of 2009 report, and has over 67,000 employee strength in total. The Company is also known as Amex and is best known for its credit card, charge card, and traveler cheques businesses.
To be honest, American Express was among the first company to gain recognition from across worldwide during the economic emergency in the United States. The company logo has become a symbol of quality, integrity and global acceptance offering outstanding products and exceptional services to consumers, delivering the highest quality standards and value to the customers.
American Express History Timeline
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American Express was for the first time came into established in 1850 when it was founded as a joint stock corporation by the merger of the express companies that are owned by Henry Wells, William Fargo, and John Warren Butterfield. In fact, these three persons are the founders of what today American Express is. For the several many years, the company underwent a lot of transition with so much purchasing and selling and building its business site and business areas for the further expansion of its operating business. However, soon the company extended its reach nationwide and by launching a money order business, American Express started expanding its business operation in the area of financial services.
The launched of Traveler’s Cheques and the services and benefits it facilitates to travelers has enabled American Express become a truly global company. Somewhere in 1946, Amex executives also discussed the possibility of launching a travel charge card. But it was only after Diners Club launched a card that they began to consider the possibility and thus at the end 1957, the company decided to get into the card business. Since then, American Express began to introduce a variety of cards which are all today a world-class cards offering a wide range of services and benefits to cardholders. Amex offers a comprehensive range of cards for personal and business use and for all range of people whether with limited credit or no credit history.
The common stock of American Express was first listed on the New York Stock Exchange in 1977 and began trading under the ticker symbol AXP. Its stock splits history can be viewed from here starting 1968 to 2000. For history of dividend, stock price and share price and other related details, you may log on to the official website of the company.
Stock Splits History
May 10, 2000 3 for 1
May 8, 1987 2 for 1
August 10, 1983 3 for 2
February 10, 1983 4 for 3
April 25, 1972 3 for 1
March 26, 1968 3 for 1
American Express Foundation
American Express, besides providing personal and business financial services, also provides foundation grants in the areas of community development, cultural heritage and leadership through its Corporate Social Responsibility program. The amounts provided for the grant award vary from $500 to $500,000 per recipient. Individuals can apply for the award grant by sending brief letters stating the mission of the target organization, nature, timeline, budget and criteria of the project to the Amex Philanthropy center where the project was funded. The dedicated board members and staff of American Express Corporate Social Responsibility program and Philanthropy team provides extensive services for the good and development of its served community, in preserving world heritage and in promoting future leadership. We provide here the detailed American Express foundation address. Individuals may contact the given below address for any enquiry or to send any documents regarding Amex Foundation and Philanthropy
program.
American Express Foundation Address
American Express Philanthropy
3 World Financial Center,
Mail Code 01-48-04
New York, NY 10285-4804
Greater Phoenix
American Express Company
20022 N. 31st Avenue
Mail Code: AZ-08-01-08
Phoenix, AZ 85027
South Florida
American Express Company
777 American Expressway
Mail Code: FL-05-02-16A
Fort Lauderdale, FL 33337
Greensboro, North Carolina
American Express Company
7701 Airport Center Drive
Mail Code: NC-06-03-10
Greensboro, NC 27409-9047
Salt Lake City, Utah
American Express Company
4315 South 2700 West
Mail Code: UT-02-03-45
Salt Lake City, UT 84184
For detailed information about American Express History and related details regarding stock price, dividends and shares and others, please log on to the official website of the company. Individuals will also find jobs and career opportunities at Amex Foundation and philanthropy program.
Website: http://www.americanexpress.com
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