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When did Detroit Edison become a publicly traded company?

North American Company was broken up by the Securities and Exchange Commission, following the United States Supreme Court decision of April 1, 1946. After that, Detroit Edison operated independently, and publicly traded on the New York Stock Exchange under the ticker symbol DTE through the mid-1990s.

Who owns Detroit Edison?

Detroit Edison was part of a large holding company called North American Edison Company. North American's stock had once been one of the twelve component stocks of the May 1896 original Dow Jones Industrial Average.

When did Detroit Edison split its stock?

With its assets growing so rapidly, Detroit Edison authorized a two-for-one common stock split in December 1962. In 1963 Walter McCarthy became general manager of the PRDC, with Cisler continuing as president. McCarthy also formally joined the Detroit Edison staff at this time, while continuing on loan to PRDC.

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