September 22, 1981 (Tuesday)
- The initial public offering of stock in The Home Depot was made at $12.00 per share as the company was listed on the NASDAQ exchange. The stock was worth 20 times as much within two years, and with 13 successive stock splits over the next 18 years, the value of a 1981 share of stock was worth 370 times as much, so that initial investment of $5,000 in 1981 would have been worth $1.8 million in 1999. By 2010, the $5,000 investment would have been worth more than six million dollars.
- Born: Alexei Ramirez, Cuban-born Major League Baseball player, in Pinar del Río
- Died: Harry Warren, 87, American songwriter and three time Oscar winner
Read more about this topic: September 1981
Famous quotes containing the word september:
“Like other cities created overnight in the Outlet, Woodward acquired between noon and sunset of September 16, 1893, a population of five thousand; and that night a voluntary committee on law and order sent around the warning, “if you must shoot, shoot straight up!””
—State of Oklahoma, U.S. public relief program (1935-1943)