How did IBM distribute shares of kyndryl common stock?
Apr 04, 2022 · 1 Wall Street analysts have issued 12-month target prices for Kyndryl's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Kyndryl's share price to reach $22.00 in the next year. This suggests a possible upside of 69.5% from the stock's current price.
When can I buy kyndryl stock?
For every FIVE shares of IBM stock held on October 25, 2021, you will receive ONE share of Kyndryl (KD). That makes October 25, the record date. You have to hold the stock on 10/25/2021 if you want your “free” Kyndryl shares from the spinoff. …
What is the statement of holdings for kyndryl?
Dec 06, 2021 · As I will show below, Kyndryl is currently trading at a 3.7x EV/EBITDA valuation. That is depressed by any measure. There are clear reasons for …
Is kyndryl stock a zero sum tax event?
Get the latest Kyndryl Holdings Inc (KD) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
Is Kyndryl a buy right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kyndryl in the last twelve months. There are currently 1 hold rat...
How were Kyndryl's earnings last quarter?
Kyndryl (NYSE:KD) posted its earnings results on Monday, February, 28th. The company reported ($3.30) earnings per share (EPS) for the quarter. The...
What price target have analysts set for KD?
1 brokerages have issued 12 month price targets for Kyndryl's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Kyndryl's...
Who are some of Kyndryl's key competitors?
Some companies that are related to Kyndryl include Zynga (ZNGA) , RingCentral (RNG) , Toast (TOST) , Globant (GLOB) , Clarivate (CLVT) , DXC...
What is Kyndryl's stock symbol?
Kyndryl trades on the New York Stock Exchange (NYSE) under the ticker symbol "KD."
Who are Kyndryl's major shareholders?
Kyndryl's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.84%), State Stree...
Which major investors are buying Kyndryl stock?
KD stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, JPMorgan Chase & Co.,...
How do I buy shares of Kyndryl?
Shares of KD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull...
What is Kyndryl's stock price today?
One share of KD stock can currently be purchased for approximately $11.85.
IBM Earnings
IBM’s new CEO says that that the software and solutions portfolio (cloud businesses) will make up the majority of company revenue after these parts of the company floats away.
IBM Spinoffs
IBM will separate its Managed Infrastructure Services unit of its Global Technology Services division into#N#a new public company (“NewCo”). This creates two industry-leading companies, each with#N#strategic focus and flexibility to drive client and shareholder value.
About the Author
By Brian Nelson – Brian is a former Certified Financial Planner and financial advisor. He writes for the Finance Gourmet and other financial publications. The material provided on this website is for informational use only and is not intended for financial or investment advice. At the time of publication, Mr.
Did The Number of IBM Shares I Own Change as A Result of The Distribution?
- The transaction had no impact on the number of shares of IBM common stock that you own. Unless you sold or otherwise disposed of your IBM shares, your balance before and after the transaction remained the same.
How Did IBM Distribute Shares of Kyndryl Common Stock?
- IBM distributed to its stockholders, as a pro rata dividend, one share of Kyndryl common stock for every five shares of IBM common stock outstanding as of the record date of the distribution. Prior to the distribution, IBM delivered 80.1% of the issued and outstanding shares of Kyndryl common stock to the distribution agent, Computershare Trust Company, N.A. (“Computershare”). Comput…
Is This A Taxable transaction?
- We expect that the distribution of Kyndryl common stock will be tax-free to holders of IBM common stock for U.S. federal income tax purposes, except for cash that stockholders may receive (if any) in lieu of a fractional share. Foreign, as well as U.S. Stockholders, should contact their own tax advisor with respect to the U.S. federal, state and local, and foreign tax consequen…