Agilent Technologies Inc. Common Stock: Listing Requirements and Restricted Stock Explained

In the bustling world of technology stocks, Agilent Technologies Inc. (NYSE: A) stands out as a company that has garnered significant attention from investors. However, understanding the intricacies of its common stock, particularly the listing requirements and restricted stock, is crucial for any potential shareholder. This article delves into the details, offering clarity on these aspects.

Understanding Agilent Technologies Inc. Common Stock

Agilent Technologies Inc. is a leading company in the electronics industry, specializing in analytical instruments, chemicals, consumables, and services. The common stock of Agilent Technologies Inc. is listed on the New York Stock Exchange (NYSE), which imposes specific listing requirements that must be adhered to.

Listing Requirements for Agilent Technologies Inc. Common Stock

The NYSE has stringent listing requirements that must be met by all companies seeking to list their stocks on the exchange. For Agilent Technologies Inc., these requirements include:

• Market Capitalization: Agilent Technologies Inc. must have a minimum market capitalization of $1 billion.
• Shareholder Equity: The company must have at least $100 million in shareholder equity.
• Net Income: Agilent Technologies Inc. must have a minimum of $100 million in net income over the past three years.
• Trading Volume: The average daily trading volume must be at least 100,000 shares.

These requirements ensure that only companies with a strong financial foundation are listed on the NYSE, thereby maintaining the exchange's reputation and credibility.

Restricted Stock: What You Need to Know

Restricted stock refers to shares of a company that are subject to certain limitations or restrictions on transferability. Agilent Technologies Inc. has issued restricted stock to its employees as part of their compensation packages. Here's what you need to know about restricted stock:

• Lock-up Period: Shares of restricted stock are typically subject to a lock-up period, during which they cannot be sold or transferred.
• Performance Conditions: In some cases, the release of restricted stock is contingent upon the employee meeting certain performance conditions.
• Tax Implications: The grant of restricted stock may have tax implications for the employee, depending on the specific terms of the grant.

Case Study: Agilent Technologies Inc. and Its Restricted Stock

One notable case involving Agilent Technologies Inc. and its restricted stock involves the company's CEO, Paul K. Brown. In 2017, Brown received restricted stock awards as part of his compensation package. The stock was subject to a four-year lock-up period and performance conditions. Following the successful achievement of these conditions, Brown was able to exercise his options and realize significant gains.

In conclusion, understanding the listing requirements and restricted stock of Agilent Technologies Inc. is essential for any investor considering investing in the company's common stock. By familiarizing yourself with these aspects, you can make informed decisions and potentially maximize your returns.