Share story

Alaska Air Group announced Thursday a 2-for-1 stock split, effective July 9.

The second such split since 2012 reflects the strong rise in Alaska’s stock — more than 160 percent since January 2013.

The stock split will double Alaska Air Group’s outstanding shares from approximately 68 million shares to about 136 million shares.

A stock split has no effect on the value of the company but makes each share less expensive and is thought to make the stock more attractive to retail investors.

This week, save 90% on digital access.
Custom-curated news highlights, delivered weekday mornings.