Altaba Inc. Announces $0.36 Per Share Liquidating Distribution
Altaba Inc. has announced a liquidating distribution of $0.36 per share of its common stock, totaling approximately $187 million in aggregate. The Board approved this payment on November 2, 2026, with the distribution scheduled to be payable to stockholders on November 13, 2026. This distribution is part of the ongoing court-supervised wind-up and dissolution process initiated following the company's reorganization from Yahoo! Inc. The funds being distributed include interest payments from city taxes, federal interest refunds, and excess interest earned on the company's investment portfolio. This represents a partial distribution of remaining assets as the Fund continues its liquidation proceedings.
Topics: corporate dissolution liquidating distribution wind-up proceedings
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