Barnes and Noble (BKS) spinoff of Barnes and Noble Education, Inc. (BNED)
On August 2nd, 2015, Barnes and Noble (BKS) spun off Barnes and Noble Education, Inc. (BNED)
This is a standard spinoff, which can be entered using the details below, taken from form 8937, posted on the Investor Relations section of the Barnes and Noble web site.
- Date: August 2nd, 2015
- Parent Security: BKS
- Remaining Basis for BKS: 67.762
- New Security: BNED
- Shares recieved: (shares of BKS multiplied by .632) Dont' forget to include fractional shares.
- Price per share of BNED: 10.20 (or use the price shown on your broker statement)
- Cash in lieu: Enter any cash received as part of the spinoff.