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.