I still hold some old AT&T common stock certificates that have not been submitted for exchange as a result of the 1-for-5 reverse stock split. What should I do?
In order to ensure the proper registration of your ownership of new AT&T common stock and to collect any cash in lieu of a fractional share and any dividends or distributions declared by the new AT&T board of directors, you must submit your old AT&T certificates for exchange. Under the terms of the agreement governing the acquisition, new AT&T will continue to withhold dividends and distributions on new AT&T common stock when old AT&T certificates are not exchanged. If you hold old AT&T certificated shares, you should have received an Exchange Form with instructions on how to complete the exchange process for the old AT&T certificated shares.
