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How could WM have been incorporated in 1987 when I have owned its stock since the early 80s?

early incorporated stock WM
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How could WM have been incorporated in 1987 when I have owned its stock since the early 80s?

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The company known today as Waste Management, Inc. was originally incorporated September 30, 1987 in Oklahoma under the name USA Waste Services, Inc. On April 28, 1995, USA Waste reincorporated in Delaware. Then, in 1998, USA Waste acquired the company formerly known as Waste Management, Inc. USA Waste changed its name to “Waste Management, Inc.” The company that USA Waste acquired, that had been known as “Waste Management, Inc.”, was based in Oakbrook, Illinois, and was incorporated in Delaware in 1968. Therefore, you may have owned shares of that company’s common stock. However, all of those shares have been exchanged for shares of our common stock. If you have not exchanged your shares, you may contact our transfer agent, BNY Mellon Shareowner Services, at 800-969-1190 to do so.

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