What were the key dates in the separation?
Time Warner Cable Special Cash Dividend: • $10.27 per share cash dividend (before Time Warner Cable’s 1-for-3 Reverse Stock Split) • Record Date: March 11, 2009 • Payment Date: March 12, 2009 • Ex-Dividend Trading: commenced March 9, 2009 Time Warner Cable Recapitalization: • March 12, 2009: Class A common stock and Class B common stock automatically reclassified into one class of common stock Time Warner Cable 1-for-3 Reverse Stock Split • After the close of business on March 12, 2009: 1-for-3 Reverse Stock Split of Common Stock • Post-Split CUSIP Number: 88732J 207 (began trading regular way on March 13, 2009) • Trading Symbol remains: TWC • Reverse Split “when-issued” trading of shares to be distributed by Time Warner in the spin-off commenced: March 10, 2009 Time Warner Inc.
