Cost Basis Guide

Events

Events that affect your cost basis

AT&T Inc. (formerly SBC Communications Inc./ Southwestern Bell Corporation)

  • Jan. 1, 1984 – AT&T Corp. divested Southwestern Bell and other regional telephone operating companies.
  • May 22, 1987 – distribution date for 3-for-1 stock split (record date May 4, 1987).
  • May 25, 1993 – distribution date for 2-for-1 stock split (record date May 7, 1993).
  • March 19, 1998 – distribution date for 2-for-1 stock split (record date Feb. 20, 1998).
  • April 5, 2022 – WarnerMedia Distribution -- distribution of SpinCo common stock, which was converted into right to receive 0.241917 shares of Warner Bros. Discovery common stock.

Time Warner Inc.

  • October 1, 1976 – distribution date for 2:1 stock split.
  • October 1, 1981 – distribution date for 2:1 stock split.
  • September 10, 1992 – distribution date for 4:1 stock split.
  • December 15, 1998 – distribution date for 2:1 stock split.
  • March 27, 2009 – effective date of Time Warner Cable spin-off.  Time Warner stockholders received 0.083670 share of Time Warner Cable common stock for each share of Time Warner common stock.
  • March 27, 2009 – distribution date for 1:3 reverse stock split.
  • December 9, 2009 – effective date of AOL Inc. spin-off.  Time Warner stockholders received 1 share of AOL common stock for every 11 shares of Time Warner common stock.
  • June 6, 2014 – effective date of Time Inc. spin-off. Time Warner shareholders received 1 share of Time Inc. common stock for every 8 shares of Time Warner common stock.
  • June 15, 2018 – effective date of acquisition by AT&T Inc.

DIRECTV / GMH

  • December 30, 1985 – General Motors issued dividend of GM Class H common stock (GMH)
  • June 1988 – distribution date for 2:1 GMH stock split
  • December 18, 1997 -- distribution of Raytheon Class A common stock from Hughes Defense Spin-Off transaction
  • May 2000 – effective date for 1:1.065 voluntary exchange of General Motors $1-2/3 common stock for GMH common stock
  • July 1, 2000 – distribution date for 3:1 GMH stock split
  • December 22, 2003 – effective date for split-off of Hughes Electronics Corporation (later renamed to DIRECTV) from General Motors. Former GMH stockholders received shares of Hughes common stock and News Corporation Preferred ADSs.
  • November 19, 2009 – effective date for 1:1 exchange of DIRECTV common stock for DIRECTV Class A common stock
  • November 19, 2009 – effective date for 1:1.1113 exchange of Liberty Entertainment Inc. Series A common stock (LEI) for DIRECTV Class A common stock
  • July 24, 2015 – effective date of acquisition by AT&T Inc.

BellSouth Corporation

  • Jan. 1, 1984 – AT&T Corp. divested BellSouth Corporation and other regional telephone operating companies.
  • May 22, 1984 – distribution date for 3-for-1 stock split (record date May 7, 1984).
  • Feb. 23, 1987 – distribution date for 3-for-2 stock split (record date Feb. 5, 1987).
  • Nov. 8, 1995 – distribution date for 2-for-1 stock split (record date Oct. 11, 1995).
  • Dec. 24, 1998 – distribution date for 2-for-1 stock split (record date Dec. 3, 1998).

AT&T Corp.

  • April 24, 1959 – distribution date for 3-for-1 stock split.
  • May 28, 1964 – distribution date for 2-for-1 stock split.
  • Jan. 1, 1984 – AT&T Corp. divested seven regional telephone operating companies.
  • Sept. 30, 1996 – effective date of spinoff of Lucent Technologies, Inc. (record date Sept. 17, 1996).
  • Dec. 31, 1996 – effective date of spinoff of NCR Corp. (record date Dec. 13, 1996).
  • April 15, 1999 – distribution date for 3-for-2 stock split (record date March 31, 1999).
  • July 9, 2001 – effective date of split-off of AT&T Wireless Services, Inc. (record date June 22, 2001).
  • Nov. 18, 2002 – effective date of spinoff of AT&T Broadband Corp. and AT&T Broadband Corp. merger with Comcast Corporation (record date Nov. 15, 2002).
  • Nov. 18, 2002 – distribution date for 1-for-5 reverse stock split (record date Nov. 15, 2002).
  • Nov. 18, 2005 – effective date of acquisition by SBC Communications Inc. to become AT&T Inc.

Ameritech Corporation

  • Jan. 1, 1984 – AT&T Corp. divested Ameritech Corporation and other regional telephone operating companies
  • Jan. 26, 1987 – distribution date for 3-for-2 stock split (record date Dec. 31, 1986).
  • Jan. 26, 1989 – distribution date for 2-for-1 stock split (record date Dec. 30, 1998).
  • Jan. 24, 1994 – distribution date for 2-for-1 stock split (record date Dec. 31, 1993).
  • Jan. 26, 1998 – distribution date for 2-for-1 stock split (record date Dec. 31, 1997).
  • Oct. 8, 1999 – effective date of acquisition by SBC Communications Inc.

Southern New England Telecommunications Corporation

  • May 29, 1949 – estimated distribution date for 4-for-1 stock split.
  • Oct. 15, 1983 – distribution date for 2-for-1 stock split.
  • Jan. 16, 1990 – distribution date for 2-for-1 stock split.
  • Oct. 26, 1998 – effective date of acquisition by SBC Communications Inc.

Pacific Telesis Group

  • Jan. 1, 1984 – AT&T Corp. divested Pacific Telesis Group and other regional telephone operating companies.
  • June 9, 1986 – distribution date for 2-for-1 stock split (record date May 9, 1986).
  • March 25, 1987 – distribution date for 2-for-1 stock split (record date March 9, 1987).
  • March 21, 1994 – record date for spinoff of AirTouch Communications (distribution date April 1, 1994).
  • April 1, 1997 – effective date of acquisition by SBC Communications Inc.