Alleghany Corporation (Y) Stock
Y is no longer traded. Alleghany was acquired by Berkshire Hathaway on October 19, 2022.
Each Y share was exchanged for $848.00 in cash. Prices on this page are historical; the last trade was October 18, 2022 at $847.79.
Alleghany stock price history
Y final trading statistics
- Final close
- $847.79
- Final trading day
- Oct 18, 2022
- Market cap at delisting
- $11.41B
- Shares outstanding
- 13.46M
- Final 52-week range
- $598.73 – $862.87
- Avg. volume (final 3 mo.)
- 100,809
- All-time high (split-adj.)
- $860.00 · Mar 2022
- All-time low (split-adj.)
- $3.77 · Apr 1980
- Return since IPO
- +18467.9%
- Beta
- 0.55
- Book value / share
- $587.62
- Price / book
- 1.44
Alleghany annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2021 | $11.91B | $1.0B | $44.40 |
| FY2020 | $8.90B | $101.8M | $15.85 |
| FY2019 | $9.04B | $857.8M | $23.58 |
| FY2018 | $6.89B | $39.5M | $15.60 |
| FY2017 | $6.42B | $90.1M | $1.52 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Alleghany Corporation
Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in three segments: Reinsurance, Insurance, and Alleghany Capital. The Reinsurance segment offers fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as medical malpractice, ocean marine and aviation, accident and health, mortgage, surety, and credit reinsurance products, as well as directors' and officers', errors and omissions, general, and auto liability reinsurance. This segment distributes its products and services through brokers, as well as directly to insurance and reinsurance companies. The Insurance segment underwrites specialty insurance coverages in the property, umbrella/excess, general, directors' and officers', and professional liability lines; surety products comprising commercial and contract surety bonds; and workers' compensation insurance products. This segment distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The Alleghany Capital segment provides precision automated machine tool solutions; manufactures custom trailers and truck bodies for the moving and storage industry, and other markets; design, engineering, procurement, construction management, and validation services for pharmaceutical and biotechnology industries; products and services for the funeral and cemetery industries, and precast concrete markets; and hotel management and development services, as well as operates as a toy and musical instrument company, and structural steel fabricator and erector. The company also owns and manages improved and unimproved commercial land, and residential lots. As of December 31, 2021, it owned approximately 77 acres of property. The company was founded in 1929 and is based in New York, New York.
Alleghany stock FAQ
What happened to Alleghany stock?
Alleghany was acquired by Berkshire Hathaway on October 19, 2022. Shareholders received $848.00 in cash for each share. Y stock stopped trading on the NYSE, with a final close of $847.79 on October 18, 2022.
What did Alleghany shareholders receive?
Each Y share was converted into $848.00 in cash. The deal was valued at about $11.6 billion.
Is Y stock still trading?
No. Y was delisted from the NYSE on October 19, 2022 and no longer trades on a U.S. exchange.
What was the last price of Y stock?
Y closed at $847.79 on its final trading day, October 18, 2022, for a market value of about $11.41B.
What were Alleghany's revenue and earnings in its last full fiscal year?
Alleghany reported revenue of $11.91B and net income of $1.0B in fiscal 2021, its last full year as a public company.
When did Alleghany go public?
Alleghany Corporation stock began trading on March 5, 1980.