Sentences with phrase «kid share distribution»
Today (8/23/10), adding up the components, an investor now has a value of $ 10.25 (1 TTT share at $ 7.21, rights worth $.17 and.498 KHDHF shares — assuming you pay no more than the 15 % Canadian withholding tax on the June 30 KID share distribution — worth $ 2.87) for a loss of about 25 %.
https://longtermvalue.wordpress.com/ Not exact matches
On January 6, 2010 the company announced that, subject to shareholder approval, it intended to restructure itself into two distinct legal entities through the distribution to shareholders of all the common shares of its industrial plant technology, equipment and service company, KHD Humboldt Wedag (Deutschland) AG («KID»).
Management determined that «the most fiscally responsible way for KHD and its shareholders to effect the distribution of the KID shares [was] in several tranches... [in order to]... minimize the tax impact to [the company] and its shareholders.»
Phase 3: August 30 — distribution of an additional 29 % of KID (KHDHF shares) to holders of TTT shares on the record date on a 1 for 4 basis.