How many shares of Visteon stock did Ford Motor Company shareholders receive?
Registered owners of Ford Motor Company common stock on June 12, 2000, received 0.130933 shares of Visteon Corporation common stock on June 28, 2000. Q: How do I calculate the cost basis for my Visteon stock? A: Based upon the average high and low composite prices of Ford and Visteon on the New York Stock Exchange on June 28, 2000, 96.07% of your pre-distribution tax basis in your Ford shares should be allocated to your Ford shares, and the remaining 3.93% should be allocated to your Visteon shares (including any fractional share interest). For example: • Assume you own 100 shares of Ford stock with a $35 per share basis for a total basis of $3,500. • You received 13.0933 shares of Visteon stock as a result of the distribution. • Your total basis in your Ford shares would be reduced to $3,362.45 (96.07% of $3,500), or $33.62 per share ($3,362.45 divided by 100 shares). • Your total basis in your Visteon shares would be $137.55 (3.93% of $3,500), or $10.51 per share ($137.55 divided by
