Search results
80.1%
- As per the terms, IBM shareholders will receive 80.1% of Kyndryl’s common stock on a pro-rata basis. Each IBM shareholder will receive one share of Kyndryl for every five IBM shares held.
finance.yahoo.com › news › ibm-board-approves-kyndryl-separation-102649446
People also ask
Will IBM shareholders get a share of kyndryl?
What happens to kyndryl's shares after IBM's separation?
What happened to kyndryl shares?
When does kyndryl start trading on the New York Stock Exchange?
How does IBM SHARE distribution work?
What is IBM doing with kyndryl?
Oct 13, 2021 · Each IBM shareholder will receive one share of Kyndryl for every five IBM shares held. The distribution is expected on November 3, 2021, to shareholders of record on October 25, 2021.
Oct 12, 2021 · Once distributed, each holder of IBM common stock will receive one share of Kyndryl common stock for every five shares of IBM common stock held on October 25, 2021, the record date for the...
Nov 3, 2021 · Each holder of IBM common stock will receive one share of Kyndryl common stock for every five shares of IBM common stock held on October 25, 2021, the record date for the distribution.
Nov 4, 2021 · Kyndryl shares were distributed on the evening of November 3 to shareholders of IBM, who received one Kyndryl share for every five IBM shares owned. IBM has temporarily retained 19.9 percent equity ownership of Kyndryl following this distribution.
Nov 4, 2021 · Kyndryl shares were distributed on the evening of November 3 to shareholders of IBM, who received one Kyndryl share for every five IBM shares owned. IBM has temporarily retained 19.9 percent equity ownership of Kyndryl following this distribution.
Nov 3, 2021 · Each holder of IBM common stock will receive one share of Kyndryl common stock for every five shares of IBM common stock held on October 25, 2021, the record date for the distribution.
To effect the separation, IBM will distribute at least 80.1% of Kyndryl’s common stock to IBM’s shareholders, with IBM retaining no more than 19.9%. IBM intends to dispose of any retained common stock within 12 months after distribution.