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Nov 3, 2021 · ARMONK, N.Y., November 3, 2021 - IBM (NYSE: IBM) announced today that it has completed the separation of its managed infrastructure services business to Kyndryl. Starting on November 4, 2021, Kyndryl will begin “regular way” trading on the New York Stock Exchange under the symbol “KD.”
- IBM Completes Separation of Kyndryl
IBM Completes Separation of Kyndryl. November 4, 2021. On...
- Kyndryl Unveils New Operating Model And Global Structure
ARMONK, N.Y., July 1, 2021 /PRNewswire/ -- Kyndryl, the...
- IBM Board of Directors Approves Separation of Kyndryl
IBM (NYSE: IBM) announced today that its board of directors...
- IBM Completes Separation of Kyndryl
Nov 4, 2021 · NEW YORK, Nov. 4, 2021 -- Kyndryl today announced that it has completed its previously announced spin-off from IBM (NYSE: IBM) and began trading as an independent company on the New York Stock Exchange under the ticker “KD”. Kyndryl celebrated becoming an independent, publicly-traded company by ringing the Opening Bell at the Exchange.
Officially formed in late 2021, Kyndryl was created from the spin-off of IBM's infrastructure services, and comprises the bulk of the former IBM Global Technology Services. At year-end 2020, the spin-off had a portfolio of around 4,400 customers, including 75% of the Fortune 100.
- November 3, 2021; 23 months ago
- Public company
- IT Services, IT Consulting
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IBM Completes Separation of Kyndryl. November 4, 2021. On November 3, 2021, IBM completed the separation of Kyndryl into an independent publicly traded company. Today, IBM is filing an 8-K, as required by the SEC, which provides historical pro forma financial statements for IBM.
NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Kyndryl today announced that it has completed its previously announced spin-off from IBM (NYSE: IBM) and began trading as an independent company on the New York Stock Exchange under the ticker "KD".
Jul 1, 2021 · ARMONK, N.Y., July 1, 2021 /PRNewswire/ -- Kyndryl, the independent public company that will be created following the separation of IBM's (NYSE: IBM) Managed Infrastructure Services business, today announced its global leadership model to bring its mission-critical technical expertise to a broader set of core digital technology environments.
Oct 12, 2021 · IBM (NYSE: IBM) announced today that its board of directors has approved the previously announced separation of Kyndryl, the company’s managed infrastructure services business. To effect the separation the IBM board of directors declared a pro rata distribution to IBM stockholders of 80.1 percent of the outstanding shares of Kyndryl.
