Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 3:00 PM EDT

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To: Glenn Petersen who wrote (27304)	10/16/2019 10:25:28 PM
From: Sr K	of 27307

Not really true. You can trade it but it reflects a $51.50 distribution 9/23/2019. From Dow Jones and MarketWatch: The company announced earlier this month a distribution of $51.50 in cash per share, to be paid Sept. 23 to shareholders of record on Sept. 16. The stock closed at $70.80 on Monday. Late Monday, the company said it plans to file a certificate of dissolution following the close of trading on Oct. 4, after which the company will close its stock transfer books. "The Fund expects that any purchases or sales of the Fund's shares that are not settled prior to the filing of the certificate of dissolution and the closing of the Fund's stock transfer books will not be settled," Altaba said in a statement. "Consequently, stockholders who hold their share directly on the books of the Fund's transfer agent [Computershare] and will to sell shares prior to the closing of the fund's stock transfer books will not be able to do so after September 25, 2019 other than through an account with a bank, broker or other participant in [The Depository Trust Company]."

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