Algoma Central Corp
TSX:ALC
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ALC's latest stock split occurred on Dec 17, 2012
The company executed a 10-for-1 stock split, meaning that for every share held, investors received 10 new shares.
Before the split, ALC traded at 129.5 per share. Afterward, the share price was about 6.9698.
The adjusted shares began trading on Dec 17, 2012. This was the only stock split in ALC's history.
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Algoma Central Corp
Glance View
Algoma Central Corp. engages in owning and operating flag fleet of dry-bulk carriers and product tankers. The company is headquartered in St. Catharines, Ontario and currently employs 1,600 full-time employees. The firm owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Waterway. Its Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. Its Domestic Dry-Bulk marine transportation segment includes ownership and management of the operational and commercial activities of its 19-vessel fleet. Its Product Tankers marine transportation segment includes ownership and management of the operational and commercial activities of seven Canadian flag tanker vessels operating on the St. Lawrence Seaway and the east coast of North America. Its Ocean Self-Unloaders marine transportation segment includes ownership interests in eight ocean-going self-unloading vessels. Its Global Short Sea Shipping segment includes its 50% interest in NovaAlgoma Cement Carriers Limited, NovaAlgoma Short-Sea Holdings Ltd. and other.
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