Investors' FAQ
Where is the company’s headquarters?
Moog’s headquarters are in East Aurora, New York. The company has sales and manufacturing facilities in twenty-six countries around the world.
What is Moog’s ticker symbol?
Moog trades on the New York Stock Exchange under the symbols: MOG.A and MOG.B.
When is Moog’s fiscal year-end?
The fiscal year of the company will end each year on the Saturday in September or October that is closest to September 30th.
When was Moog founded?
Moog was founded in 1951 by Bill Moog, Art Moog, and Lou Geyer.
Can I buy stock directly from Moog?
We do not offer a direct investment plan. We believe the least expensive and most efficient way for an investor to buy stock is through a low-cost broker who will execute your trade immediately.
Who are the primary holders of Class A and Class B?
Large institutions hold the vast majority of Moog’s Class A stock. Moog’s current and past employees hold the vast majority of Moog’s Class B stock.
Does Moog pay a dividend?
Not presently. For the past eight years, Moog has been reinvesting its earnings into acquisitions in order to continue its pattern of growth. We believe this strategy will, in the long run, benefit our shareholders to a greater extent than if we spent the same money on a small dividend.
What is a CUSIP number and what is Moog’s CUSIP number?
CUSIP is the acronym for Committee on Uniform Securities Identification Procedures. A CUSIP number identifies securities and facilitates the clearing and settlement process of securities. These instruments include: stocks of registered U.S. and Canadian companies, U.S. government bonds and municipal bonds. The CUSIP system is owned by the American Bankers Association and operated by Standard & Poor’s. The number consists of nine characters of letters and numbers that uniquely identify a company, issuer, and the type of security.
The CUSIP Number appears on the upper right hand corner of a stock certificate. If you are transferring book-entry, or electronic shares, your CUSIP number appears on your most recent statement. Moog Class A Shares: CUSIP 61539420; Moog Class B Shares: CUSIP 61539430.
What is householding?
Householding offers public companies the ability to combine annual meeting materials into a single mailing to multiple recipients residing at the same address. It reduces our costs for the printing, handling and mailing of Annual Reports and Proxy materials to shareholders.
What’s the difference between Moog Class A and Class B stock?
There are six basic differences.
Class A shares have limited voting rights with each share of Class A being entitled to one-tenth of a vote on most matters.
Each share of Class B is entitled to one vote.
Class A shareholders, subject to certain limitations, elect 25% of the Board of Directors with Class B shareholders entitled to elect the balance.
Cash dividends may be paid on Class A without paying a cash dividend on Class B, but no cash dividend may be paid on Class B unless at least an equal cash dividend is paid on Class A. (A moot point since Moog hasn’t paid a dividend since 1988.)
Class B shares are convertible at any time into Class A on a one-for-one basis at the option of the shareholder but not vice versa.
Class A trades on a regular basis. Class B rarely trades. Class B was the original Moog Valve Common Stock and became Class B in 1980 when Class A was created.
When did Moog split its stock?
2/28/78 1 for 10 split
10/27/78 1 for 2 split
2/28/79 1 for 10 split
11/23/79 1 for 5 split
6/12/80 3 shares of Class A were issued for every 4 shares of Class B
12/19/80 1 for 2 split – both classes
8/24/84 A portion of the company was spun off resulting in the issuance of MHP stock
8/24/84 1 share of MHP Machines stock for 8 shares of A or B (Note: MHP subsequently went out of business in 1992.)
9/24/01 3 for 2 split - both classes
2/17/04 3 for 2 Split – both classes
3/18/05 3 for 2 split - both classes
Did Moog Inc. invent the Moog synthesizer?
No. Robert Moog, another genius inventor and a cousin of Bill Moog, invented the synthesizer. By doing a search on “Moog and synthesizers”, it’s possible to find several websites devoted to this topic and to locate parts for the synthesizers.
Is Moog affiliated with the automotive company?
No. Moog Automotive is owned by Federal Mogul. Look under http://www.federal-mogul.com for further information regarding their replacement parts. (Moog Automotive is a wholly separate company, not related in any way to Moog Inc. The link is provided as a service to the reader and does not represent an endorsement of the site’s content.)
