Investor Relations Campaign Engages Retail Base for NYSE-Listed Public Company
RPM International Inc.
RPM International Inc. is a $5+ billion, multinational, NYSE-listed public company with subsidiaries that manufacture and market high-performance coatings, sealants and specialty chemicals. Its leading consumer brands include Rust-Oleum, DAP and Zinsser. Since its founding in 1947, RPM has long valued its strong base of individual retail investors who, in general, tend to be more loyal and less volatile traders compared to their institutional counterparts, in turn helping to stabilize stock pricing and provide balance to the shareholder mix. RPM charged its agency of record, Roop & Co., with developing an investor relations campaign that would engage its retail investor base.
In order to determine a communications approach that would resonate best with retail investors, Roop & Co. surveyed 1,600 of RPM’s shareholders of record. Key findings of this survey shaped key messaging, communication channels and the strategic investor communications plan. The main campaign tactics included:
TACTIC #1: Maintaining current efforts that have proven to be successful. These include an annual meeting of shareholders that attracts nearly 1,000 investors through a “show-time” atmosphere, free product samples and ample refreshments; an annual report that eschews the movement toward more “10k wraps”; printed quarterly reports to shareholders upon request; and regular news coverage in targeted media.
TACTIC #2: Enhancing RPM’s digital presence with a redesign of its corporate website, development of a mobile-friendly version and a significant boost in social media efforts.
TACTIC #3: Increasing participation in investor trade shows, as well as advertising aimed at retail investors.