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Although we check our data carefully, we are not responsible for its accuracy. Use at your own risk. You should consult your personal tax advisor as to the tax consequences of any information displayed here.
1/1/1984
2/28/1992
9/19/1994
9/30/1996
7/23/1998
6/15/2000
12/31/1996
8/10/2001
11/18/2005
11/18/2002
7/9/2001
4/14/1994 Changed name from American Telephone and Telegraph Co. To AT&T Corp.
4/15/1999 - 3 for 2 Stock Split
Record Date - 3-31-1999
Record Date - 3-31-1999
11/18/2002- 1 for 5 Reverse Stock Split
AT&T Corp.
Type: Divestiture of AT&T
Shares: Owners of AT&T keep 1 share of AT&T for every 10 whole shares of AT&T held. (if they had less than 10 shares they got cash instead.)
Basis Allocation: Their basis in post-divestiture AT&T shares was deemed to be 28.4961% of what it was for the pre-divestiture shares. The remainding basis was allocated to the 7 Baby Bells created at divestiture.
Shares: Owners of AT&T keep 1 share of AT&T for every 10 whole shares of AT&T held. (if they had less than 10 shares they got cash instead.)
Basis Allocation: Their basis in post-divestiture AT&T shares was deemed to be 28.4961% of what it was for the pre-divestiture shares. The remainding basis was allocated to the 7 Baby Bells created at divestiture.
Teradata Corp
Type: Merger
Shares: 0.5802 of AT&T for each 1 share of Teradata Corp.
Basis Allocation:100% of previous basis allocated to new merged company. Cash paid for fractions.
Shares: 0.5802 of AT&T for each 1 share of Teradata Corp.
Basis Allocation:100% of previous basis allocated to new merged company. Cash paid for fractions.
AT&T Corp.
Pre-Divestiture AT&T
McCaw Cellular
Type: Merger
Shares: Shareholders of McCaw received 1 share of AT&T for each share of McCaw.
Basis Allocation: 100% of previous basis allocated to new merged company. Cash paid for fractions.
Shares: Shareholders of McCaw received 1 share of AT&T for each share of McCaw.
Basis Allocation: 100% of previous basis allocated to new merged company. Cash paid for fractions.
Lucent
Type: Spin-Off
Shares: AT&T Shareholders received 0.32408 shares of Lucent for each share of AT&T held.
Basis Allocation: AT&T - 72.01%, Lucent - 27.99%
Shares: AT&T Shareholders received 0.32408 shares of Lucent for each share of AT&T held.
Basis Allocation: AT&T - 72.01%, Lucent - 27.99%
NCR
Type: Spin-Off
Shares: AT&T Shareholders received 0.625 shares of NCR for each share of AT&T held.
Basis Allocation: AT&T - 95.23%, NCR -4.77%
Shares: AT&T Shareholders received 0.625 shares of NCR for each share of AT&T held.
Basis Allocation: AT&T - 95.23%, NCR -4.77%
Teleport Communications Group
Type: Merger
Shares: Shareholders of Teleport received 0.943 shares of AT&T for each share of their company.
Basis Allocation: 100% of previous basis allocated to new merged company. Cash paid for fractions.
Shares: Shareholders of Teleport received 0.943 shares of AT&T for each share of their company.
Basis Allocation: 100% of previous basis allocated to new merged company. Cash paid for fractions.
MediaOne Group
Type: Merger into At&t Corp.
Shares: Shareholders choose from 3 elections per share of
MediaOneGroup:
Stock Election: 1.4912 shares AT&T Corp. Plus $8.50
cash
Cash Election: approx 0.8955 shares of AT&T Corp. Plus
approx 39.06 cash.
Standard Election: 0.95 shares of AT&T Corp, $30.85
cash and addtional $5.42 cash payment.
(if no election is made, Standard Election will be used.)
Cash will be paid for fractions.
Basis Allocation: Basis in AT&T equals basis of shares
surrendered, reduced by amount of cash received and
increased by amount of gain recognized.
AT&T Wireless
Type: Spin-Off
Shares: AT&T Shareholders received 0.3218 shares of
AT&T Wireless for each share of AT&T held.
Basis Allocation: AT&T - 77.66%, AT&T Wireless -
22.34%
Liberty Media Group
Type: Split-Off
Shares: Shareholders who subscribed to the split-off
offer received 1 share of Liberty Media Group for
each share of AT&T Liberty Media Group (tracking
stock) tendered. Liberty Media Group is no longer
owned by AT&T.
AT&T Broadband / Comcast
Type: Spin-Off
Shares: AT&T Shareholders received 0.325 shares of AT&T
Broadband for each share of AT&T held.
Basis Allocation: AT&T - 37.4%, AT&T Broadband- 62.6%.
All shares of AT&T Broadband were converted into shares of
Comcast shortly after the distribution as result of the merger
of a wholly owned subsidiary of Comcast Corporation with
and into AT&T Broadband. Fractional shares received cash
payments.
SBC AT&T Merger
Merger. Each share of the old AT&T Corp Stock was exchanged for 0.77942 shares of the new AT&T Inc.
SBC is now named AT&T Inc. Cash paid for fractional shares.
Basis Allocation: 100% of previous basis to the new AT&T Inc. Less adjustments for fractional sales.
SBC is now named AT&T Inc. Cash paid for fractional shares.
Basis Allocation: 100% of previous basis to the new AT&T Inc. Less adjustments for fractional sales.
This chart will give you a good visual overview of AT&T Corp stock splits,name changes,mergers and spin-offs. Included is the original divestiture basis allocation, merger with Teradata Corp, McCaw Cellular, Spin-offs of Lucent and NCR, merger with Teleport Communications Group, merger with MediaOne Group, spin-off of AT&T Wireless, split-off of Liberty Media Group, spin-off of AT&T Broadband / Comcast, and the SBC AT&T merger. See AT&T Corp. (old) Stock, Dividend and Corporate Actions
AT&T Corp. (Old)
Here is a flowchart to help you determine AT&T Corp cost basis.
