Alexander & Baldwin stock leaves NYSE after USD 2.3 billion deal

Alexander & Baldwin stock left the NYSE after the company completed a USD 2.3 billion take-private transaction on March 12, 2026. As of September 24, 2026, the investor site identifies Alexander & Baldwin as privately owned, with the former public listing retained for historical reference.

USD 20.85 ended public trading

According to Alexander & Baldwin, shareholders received USD 20.85 in cash per share when the merger closed on March 12, 2026. The transaction value of USD 2.3 billion marked a clear shift from listed equity to private ownership.

The change also removes the central market reference for ALEX shares. Historical market data still show the final public trading context, but the company now describes its investor information as historical and reference material.

Revenue fell while profit rose

Alexander & Baldwin reported fiscal year 2025 revenue of USD 206.7 million, down 12.7 percent from USD 236.6 million in fiscal year 2024, according to Stock Titan. The comparison points to a smaller top line before the take-private transaction.

Net income moved in the opposite direction. Fiscal year 2025 net income reached USD 64.7 million, up 6.8 percent from USD 60.5 million in fiscal year 2024, while diluted earnings per share rose 7.2 percent to USD 0.89, Stock Titan reports. For investors reviewing the former REIT, the contrast between revenue contraction and higher earnings is the key operating detail.

Private ownership sets the final value

The final reference value for Alexander & Baldwin stock is the USD 20.85 cash consideration dated March 12, 2026, rather than a continuing exchange quotation. The completed transaction therefore defines the stock's last public-market chapter and leaves operating results as the main historical benchmark.