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John Wiley & Sons aims to enhance shareholder value through outstanding business performance and effective communication with its shareholders. The company is traded on the New York Stock Exchange under the ticker symbols JWa and JWb, for Class A and Class B shares respectively. | |
About Wiley
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for 200 years; helping people around the world meet their needs and fulfill their aspirations. Our core businesses publish scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia.
Mission
Wiley provides must-have content and services to professionals, scientists, educators, students, lifelong learners, and consumers worldwide. Wiley is dedicated to serving our customers' needs, while generating attractive intellectual and financial rewards for all of our stakeholders -- authors, colleagues, partners, and stockholders.
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.
