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Differences between Class A & Class B Shares:
The company has two classes of common stock, Class A and Class B, both listed on the New York Stock Exchange under the symbols JWa and JWb, respectively. The holders of Class A stock are entitled to elect 30% of the entire Board of Directors, and the holders of Class B stock are entitled to elect the remainder. On all other matters, holders of Class A and Class B stock vote together as a single class, with each share of Class A stock entitled to one-tenth of one vote and each share of Class B stock entitled to one vote. Each share of the Class B stock is convertible into one share of Class A stock.
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Founded in 1807, John Wiley & Sons, Inc., provides must-have content to customers worldwide. Our core businesses include scientific, technical, and medical journals, encyclopedias, books, and online products and services; professional and consumer books and subscription services; and educational materials for undergraduate and graduate students and lifelong learners. Wiley has publishing, marketing, and distribution centers in the United States, Canada, Europe, Asia, and Australia. The company is listed on the New York Stock Exchange under the symbols JWa and JWb. Wiley's Internet site can be accessed at http://www.wiley.com.
Wiley's goal is to anticipate and serve our customer's professional and personal needs for knowledge and understanding while generating financial results that yield attractive returns for all members of the Wiley partnership: employees, authors, and shareholders. |
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