Associate-owner shareholders in the Jasper Holdings Inc. Employee Stock Ownership Plan (ESOP) were treated to another record-setting share value on May 5. JASPER distributed a total of $17,097,741 in new shares to more than 2,500 eligible associate-owners in the business. Over the past 10 years, a total of $191 million in stock has been given to Jasper associate-owners. 

The company said Jasper share value continued its upward growth since the inception of its ESOP in 2009 at $2.30 per share. JASPER Chairman/CEO Doug Bawel announced to associate-owners, via company video, the 100% associate-owned company’s new share value is $476.30, up $14.20/share.

“We’ve had some great growth in our share price, and today we have over $685 million of enterprise value,” Bawel told associate-owners. “Let’s make sure we stay focused on what is in our control; a never-ending commitment to improvements in safety, quality, productivity, customer service and reduction of waste.”