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.

Allete (NYSE:ALE)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Allete Charts.
Allete (NYSE:ALE)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Allete Charts.