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Is Time Warner Cable Common Stock trading on a “when issued” basis?

April 26, 2017basis cable common stock time trading Warner

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Is Time Warner Cable Common Stock trading on a “when issued” basis?

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Yes. There is a “when-issued” market on the New York Stock Exchange for the shares of Time Warner Cable common stock that will be distributed in Time Warner’s distribution. The “when-issued” trading market, which opened on March 10, 2009, reflects the recapitalization and the reverse stock split. The Time Warner Cable common stock that is not included in the Time Warner distribution will continue to trade regular way through this period.