Do American Express shareholders need to do anything in order to receive their Ameriprise shares?
No. They will not need to take any action or make any payment to receive the distribution. Registered holders of American Express common stock who are entitled to receive the distribution will receive a book-entry account statement from the Bank of New York reflecting their ownership of Ameriprise common stock. Those who hold their shares through a broker, bank or other nominee will have their brokerage account credited with the Ameriprise common stock.
Related Questions
- If I am a shareholder of American Express entitled to receive the distribution, how many shares of Ameriprise will I receive for every common share of American Express I own?
- How can I determine the tax basis of my American Express shares and the Ameriprise shares I receive in the distribution?
- Do American Express shareholders need to do anything in order to receive their Ameriprise shares?