Spirit AeroSystems Holdings Inc
NYSE:SPR
SPR's latest stock split occurred on Dec 20, 2013
The company executed a 1-for-100 stock split, meaning that for every 100 shares held, investors received 1 new share.
Before the split, SPR traded at 32.9 per share. Afterward, the share price was about 32.8573.
The adjusted shares began trading on Dec 20, 2013. This was SPR's 2nd stock split, following the previous one in Jun 8, 2011.
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Spirit AeroSystems Holdings Inc
Glance View
Spirit AeroSystems Holdings Inc. weaves a compelling narrative within the aerospace sector, functioning as one of the world's largest non-OEM designers and manufacturers of aerostructures for commercial aircraft. Born out of Boeing's Wichita Division in 2005, Spirit AeroSystems charts an impressive journey of innovation and strategic prowess. The company sits at the heart of aviation engineering with expertise in developing and producing fuselages, propulsion systems, and wing structures. Its manufacturing prowess and cutting-edge technology have positioned it as a crucial cog in the supply chain for aerospace giants like Boeing and Airbus. Leveraging a robust and comprehensive engineering process, Spirit AeroSystems turns intricate design specifications into high-quality aircraft components, emphasizing cost-efficiency and meeting stringent industry standards. In essence, Spirit AeroSystems' business operations cater to the specialized niche of producing core parts critical to aircraft assembly, allowing it to generate revenue by crafting essential pieces of aviation hardware. Their expansive footprint, with manufacturing and assembly facilities situated strategically around the globe, enhances their ability to serve customers with precision and scale. Additionally, the company extends its competencies into aftermarket services, providing maintenance and repair work that ensures sustained long-term relations with clients. This dual focus not only stabilizes revenue streams through product sales but also ensures additional value through services, effectively fortifying its position in the competitive aerospace market.
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