A. You'll need to turn in your certificates to our transfer agent, J.P. Morgan, to sell or exchange them for Alcatel-Lucent stock.
Full Answer
Who bought Lucent Technologies?
Who bought Lucent Technologies? PARIS — Alcatel SA will acquire U.S.-based Lucent Technologies Inc. in a $13.4 billion (11.1 billion euros) stock swap to form a stronger player in the fiercely competitive telecom equipment market, the companies announced Sunday. Click to see full answer.
Who owns Lucent Technology?
Lucent, a Delaware corporation that provides communications systems and services, is a wholly-owned subsidiary of Alcatel-Lucent, a French company. Lucent has agreed, without admitting or denying the allegations in the complaint, to the entry of a permanent injunction and to pay $1.5 million in civil penalties.
How many times did Lucent Technologies stock split?
Lucent became a “darling” stock of the investment community in the late 1990s, rising from a split adjusted spin-off price of $7.56/share to a high of $84. However, on January 6, 2000, Lucent made the first of a string of announcements that it had missed its quarterly estimates, and when it was later revealed that it had used dubious ...
Is Lucent stock worth anything?
XOM is valuable because you also get dividends. Lucent is basically worthless now, id just keep the certificate unless you need the $60. ATT you made $30 per share on the early ones and a bit less before, but you also get dividends.
What happened to my Lucent shares?
What happened to my stock as a result of the merger with Alcatel? A. Lucent Technologies merged with Alcatel to form Alcatel-Lucent on November 30, 2006. Former Lucent shareowners received 0.1952 of an Alcatel-Lucent American Depositary Share, or ADS, for each share of Lucent common stock that they owned.
How much is a share of Lucent Technologies worth?
Price/Earnings ttm 42.88.
Does Lucent stock still exist?
Lucent was merged with Alcatel SA of France on December 1, 2006, forming Alcatel-Lucent....Lucent Technologies, Inc.TypePublicPredecessorWestern Electric Bell Labs AT&T TechnologiesFoundedSeptember 30, 1996Defunct2006FateMerged with Alcatel SA6 more rows
How much is Lucent stock today?
Performance OutlookPrevious Close26.78Day's Range26.52 - 26.7852 Week Range21.00 - 29.80Volume41,483Avg. Volume631,2743 more rows
How do I redeem a stock certificate?
Complete the Transfer Form The ownership transfer form can be found on the back of the stock certificate. Take the certificate to a notary public, and sign it in the notary's presence. Send the stock certificate to the transfer agent by certified mail along with any required documentation of your ownership rights.
What company bought Lucent Technologies?
Alcatel SAAlcatel SA will acquire U.S.-based Lucent Technologies Inc. in a $13.4 billion (11.1 billion euros) stock swap to form a stronger player in the fiercely competitive telecom equipment market, the companies announced Sunday. About 8,800 jobs will be cut.
When did Lucent Technologies spin off from AT&T?
April 1996When AT&T (T) spun off its systems and technology business in April 1996 under the moniker Lucent Technologies (LU), many analysts and investors were skeptical.
When did Alcatel buy Lucent?
Merger. Facing intense competition in the telecommunications industry, Alcatel and Lucent Technologies merged on 30 November 2006.
Did Nokia Buy ALU?
Nokia Closes Acquisition Of Alcatel-Lucent Shares -- Nokia Shares Down More Than 3% Nokia ( NOK ), a communications and information technology company, said it has closed the acquisition of 107.8 million shares of Alcatel-Lucent (ALU).
What is Lucent Technologies stock symbol?
Lucent Technologies is a OTC stock, trading under the symbol LU-N on the undefined (undefined). It is usually referred to as null or LU-N
Is Lucent Technologies a buy or a sell?
In the last year, there was no coverage of Lucent Technologies published on Stockchase.
Is Lucent Technologies a good investment or a top pick?
Lucent Technologies was recommended as a Top Pick by null on null. Read the latest stock experts ratings for Lucent Technologies.
Why is Lucent Technologies stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should b...
Is Lucent Technologies worth watching?
In the last year 0 stock analysts on Stockchase covered Lucent Technologies. The stock is worth watching.
What is Lucent Technologies stock price?
On null, Lucent Technologies (LU-N) stock closed at a price of $undefined.
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How is DoorDash a 62 billion company?
I am interested in hearing a bull case for doordash. I've seen many youtube videos, reddit posts, articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25% sales growth (sales growth 6-9x) for the next 10 years based on my model.
Why do people lose track of their investments?
Believe it or not, people do lose track of their investments or assets, perhaps because of frequent address changes, an unknown inheritance or simple forgetfulness. If you are one of these lost shareholders, you just have to figure out how to find and claim these assets. Luckily, Lucent is a young company.
How long does it take for a transfer agent to locate a lost shareholder?
Transfer agents must conduct two database searches for lost shareholders within about a two-year period.
When did Nasdaq stock become street name?
Nasdaq. were held in a street name at the end of 1998. If you don't have any luck with a company's shareholder services division or its transfer agent, try contacting the brokerage firm where you think the account is or was located. That brokerage firm might have old records of stock ownership.
