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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Discovery Inc | NASDAQ:DISCA | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 24.43 | 24.26 | 24.42 | 0 | 00:00:00 |
From Dec 2021 to Dec 2024
By Maria Armental
AT&T Inc. declared a stock dividend in connection to the planned WarnerMedia merger with Discovery Inc.
On the closing date of the transaction, which AT&T said it expects in April, AT&T shareholders will receive an estimated 0.24 share of stock in Warner Bros. Discovery Inc. for each share of AT&T.
The record date for the stock dividend, which AT&T said would be tax free, is currently April 5.
Two-way trading for AT&T stock is expected to begin on April 4. During the two-way trading period, AT&T shareholders also have the option of selling the right to receive WBD shares while retaining their AT&T shares. Those trades will settle after the WarnerMedia-Discovery transaction closes.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 25, 2022 17:25 ET (21:25 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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