Cost Basis Guide

Information for Stockholders Joining AT&T Inc. as a Result of the Acquisition of BellSouth Corp.

On March 5, 2006, AT&T Inc. announced its historic agreement to acquire BellSouth Corp. After the closing of the acquisition, BellSouth became a wholly owned subsidiary of AT&T Inc. The acquisition was completed on December 29, 2006. For more information on this please click here.

For frequently asked questions about the former BellSouth Corp. share-exchange process please click here (PDF).

If you acquired AT&T Inc. (formerly SBC Communications Inc.) shares as a result of AT&T Inc.'s acquisition of BellSouth Corporation (BLS), use this worksheet.

BellSouth Corporation (BLS)

Besides the original date when you acquired your BellSouth Corp. shares, you also will need to know your original cost per share. If you acquired shares at different times, you will need to do a separate calculation for each situation
Original Cost per Share
(including brokerage fees)
$  
Starting with the first event after you acquired your shares, click at the appropriate step. Your new cost basis will be automatically calculated.
Click Here if you owned AT&T Corp. shares before the Jan. 1, 1984 (the divestiture of BellSouth Corporation (BLS) and other regional telephone operating companies).
$ per AT&T Corp. x 1.353 =
$ New Cost Basis
Note: The BellSouth allocation factor at divestiture was .1353, which must be multiplied by 10 because stockholders received one-tenth share in each of the regional companies for each share of "old" AT&T.
Click Here if you acquired BellSouth shares after Jan. 1, 1984 (the divestiture of BLS and other regional telephone operating companies) and on or before May 22, 1984 (BLS 3-for-1 stock split distribution date).
$ (per share) ÷ 3 =
$ New Cost Basis
Click Here if you acquired BellSouth shares after May 22, 1984 (BLS 3-for-1 stock split distribution date) and on or before Feb. 23, 1987 (BLS 3-for-2 stock split distribution date).
$ (per share) ÷ 1.5 =
$ New Cost Basis
Click Here if you acquired BellSouth shares after Feb. 23, 1987 (BLS 3-for-2 stock split distribution date) and on or before Nov. 8, 1995 (BLS 2-for-1 stock split distribution date).
$ (per share) ÷ 2 =
$ New Cost Basis
Click Here if you acquired BellSouth shares after Nov. 8, 1995 (BLS 2-for-1 stock split distribution date) and on or before Dec. 24, 1998 (BLS 2-for-1 stock split distribution date).
$ (per share) ÷ 2 =
$ New Cost Basis
Click Here if you acquired BellSouth shares after Dec. 24, 1998 (BLS 2-for-1 stock split distribution date) and on or before Dec. 29, 2006 (effective date of the acquisition of BLS by AT&T Inc.).
$ (per share) ÷ 1.325 =
$ New Cost Basis
If you have any questions, please call us toll free at 1‑800‑351‑7221 or e-mail us at att@computershare.com. If you are calling from outside the continental United States, please call us collect at 781-575-4729. Our telephone representatives are available Monday through Friday from 9 a.m. to 5 p.m. Eastern time.