ALLETE to Ring Closing Bell at New York Stock Exchange Wednesday
March 01 2010 - 10:09AM
Business Wire
ALLETE, Inc. (NYSE: ALE) and its executive team will help
celebrate 60 years of listing on the New York Stock Exchange
Wednesday at 3 p.m. Central Time by ringing the closing bell at the
NYSE in lower Manhattan.
At the invitation of the stock exchange, six ALLETE officials
will participate in the closing bell ceremony beginning about 2:55
p.m. Central Time on March 3: Lead Director Bruce Stender, Chairman
and CEO Donald J. Shippar, President Alan R. Hodnik, Chief
Financial Officer Mark A. Schober, Vice President and
Controller Steven Q. DeVinck and Vice President of Investor
Relations Timothy J. Thorp.
When the Duluth-based energy company was first listed on the
exchange, it traded under the symbol MPL, an abbreviation of
ALLETE’s predecessor company, Minnesota Power and Light. ALLETE has
been listed as ALE since the company changed its name in 2000. It
has paid common stock dividends without interruption since
1948.
The opening bell and closing bell symbolize both the history and
future of the NYSE. Shippar and other ALLETE executives rang the
opening bell at the NYSE on March 13, 2006 as a way of honoring the
centennial of the company’s incorporation as an electric utility in
Minnesota.
Based in Duluth, Minn., ALLETE provides regulated energy
services in Minnesota and Wisconsin, owns BNI Coal of North Dakota
and maintains an investment in the American Transmission
Company.
ATTENTION
EDITORS:
Photos of the Closing Bell event are available via
Associated Press/New York (212-621-1902), Reuters (646-223-6285)
and Bloomberg Photo (212-617-3420).
Video Feed of the Closing Bell event, starting at 3:55
Eastern Time, is available via Ascent loop #4009. Those seeking
footage via The Switch please contact NYSE Broadcast at
212-656-5483.
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