ALLETE
NYSE: ALE
Utilities
Utilities - Diversified
Rank
#3927
Market Cap
3.78 B
Volume
195,391
Price
65.15
Change (%)
0.03%
Country or region
United States
United States
ALLETE Stock Split History Overview
This company has undergone a total of two stock splits throughout its history. One forward splits were executed, enhancing liquidity and increasing share accessibility. One reverse splits occurred, consolidating shares and stabilizing stock prices. The most recent split occurred on 09/21/2004 with a ratio of 1-for-3. If an investor had purchased one share prior to the first split on 03/03/1999, that single share would now have grown to 0.6666667 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
ALLETE (NYSE: ALE) Stock Split History
| Date | Split Ratio | Multiple | Cumulative multiple | Type |
|---|---|---|---|---|
| 09/21/2004 | 1:3 | x0.33333334 | x0.6666667 | Reverse |
| 03/03/1999 | 2:1 | x2 | x2 | Forward |
Frequently Asked Questions
If ALLETE (stock symbol: NYSE: ALE) had never undergone any stock splits, its price per share today would be approximately 43.43 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1-for-3) that occurred on 09/21/2004.
ALLETE (stock symbol: NYSE: ALE) has undergone a total of two stock splits. The most recent split occurred on 09/21/2004. One share bought prior to the first split on 03/03/1999 would now equal 0.67 shares.
ALLETE (stock symbol: NYSE: ALE) has undergone two stock splits in its history. The most recent split, a 2-for-1 split, occurred on 09/21/2004. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.
