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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Vmware Inc | NYSE:VMW | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 142.48 | 0 | 01:00:00 |
From May 2019 to May 2024
By Kimberly Chin
Shares of Dell Technologies Inc. rose nearly 7% after hours Wednesday to $56.50 after the company said it is considering a potential spinoff of its 81% equity ownership interest in VMWare Inc.
Dell said it is looking at various options, including maintaining its current ownership structure in VMWare as is.
A potential spinoff wouldn't occur before September 2021, the company said.
The Wall Street Journal reported in June that Dell was examining options including a spinoff in its stake in the cloud-software giant.
VMWare's shares rose 3% in after-hours trading to $143.85 following the news.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
July 15, 2020 17:43 ET (21:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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