Because the LILCO Long Island Lighting Company is now defunct, there is no accurate measure of the closing price on April 21, 1987. However at the merger in 1997 shares closed at $32.
Long Island Lighting Company's motto is 'We're working harder to Serve you better, We're Lilco.'.
Okay, here goes LILCO mergered with Keyspan and was named Marketspan (MN) it later became Keyspan until bought out by National Grid Company...NGC. Keyspan no longer exists.
In response to the question "Price of lilco stock in 1981" in "Business and FInance", someone pointed to a website apparently maintained by Thomson Financial that appears to be, or have been, maintained for Keyspan, which was the successor corporation to LILCO, and which has since been acquired by National Grid. By entering: "http://corporate-ir.net/ireye/ir_site.zhtml?ticker=KSE" one arrives at this site. If one then selects "Stock Price" on the left hand side of the page and then selects from the items that appear below it "BU & LIL Historical Prices (1980-1998)", a list of prices for Brooklyn Union and Long Island Lighting (LILCO) appears. One can scroll down to the company and day of interest, or one can first select the year for BU or LILCO and then scroll to the date of interest. I logged on directly to the site www.keyspanenergy.com, but was unable to find this information there.
Since 1992 LILCO itself has had NO stock splits. However, in 1998, LILCO and Brooklyn Union were merged to form Keyspan Corporation (KSE). For every share of LILCO, owners received 0.88 shares of Keyspan. In 2007 Keyspan was bought by National Grid and stockholders received cash for their holdings on 10/30/2007. -- a former stockholder
The stock symbol was LIL.
$26.125 for 6/7/93
$7.125 on 10/4/85
I found this great website that has a price history during all of LILCO's existence from 1980 to 1998 Check this website out: http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=KSE&script=10946&layout=8&item_id=\'/media_files/nys/kse/hist_prices.htm' Hope this helps