VSE Corp
NASDAQ:VSEC
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VSEC's latest stock split occurred on Aug 4, 2016
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, VSEC traded at 64.4 per share. Afterward, the share price was about 30.7726.
The adjusted shares began trading on Aug 4, 2016. This was VSEC's 6th stock split, following the previous one in Jun 29, 2007.
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VSE Corp
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Established in a realm where logistics meets engineering and technology, VSE Corporation has carved out a niche as a versatile powerhouse. Rooted in Alexandria, Virginia, this company began its journey in 1959, serving the intricate needs of the United States government with a focus on maintenance and repair. Over the decades, VSE has elegantly evolved, transitioning from a niche government contractor to a diversified provider of aftermarket services, thereby broadening its horizons. Today, the company’s portfolio spans across aviation, fleet management, defense, and federal and civilian sectors, underpinning its core capabilities in maintenance, repair, overhaul, and supply chain management. With each sector addressing unique demands, VSE crafts tailored solutions, positioning itself as a cornerstone of operational support for both government and commercial clients. The financial engine of VSE Corporation roars to life through its strategic segmentation into Aviation, Fleet, and Federal & Defense business units. In aviation, the company thrives by specializing in the distribution of parts and services for commercial and business airlines, deftly keeping aircraft flying efficiently and safely while ensuring regulatory compliance. Meanwhile, its fleet business excels by offering comprehensive vehicle and equipment maintenance services, primarily targeting large-scale government and commercial fleets. The Federal & Defense unit underscores VSE’s deep-rooted relationship with the U.S. government, providing engineering services, modernization solutions, and supply chain logistics to military and federal agencies. By continually adapting to the dynamic landscape of technology and customer needs, VSE Corporation sustains its revenue streams and solidifies its reputation as a trusted partner in ensuring operational readiness and efficiency across its diversified industries.
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