Information for Stockholders Joining AT&T Inc. as a Result of the Acquisition of DIRECTV
On July 24, 2015, AT&T Inc. announced its historic agreement to acquire DIRECTV. After the closing of the acquisition, DIRECTV became a wholly owned subsidiary of AT&T Inc. The acquisition was completed on July 24, 2015. Each share of DIRECTV common stock was converted into 1.892 shares of AT&T common stock plus the right to receive $28.50.
If you still hold certificated shares of DIRECTV and need more information about how to exchange your certificated shares for AT&T shares, you can contact Computershare, our stock transfer agent, as outlined at the bottom of this page.
This information is for illustrative purposes and not intended as tax advice. You should consult your tax advisor as to the specific tax consequences to you of the transaction under U.S. Federal, state, local and foreign tax laws. For more information on tax consequences of the transaction, refer to the form S-4 filed by AT&T Inc. with the U.S. Securities and Exchange Commission on July 1, 2014.
If you originally acquired your DIRECTV shares prior to December 23, 2003, see links below for documents to aid you in calculating your cost basis.
If you acquired DIRECTV stock between December 23, 2003 - July 24, 2015 (its acquisition by AT&T), and the stock was not acquired through an exchange of Liberty Entertainment as part of the Liberty Entertainment Merger, please provide the inputs below.
- If you owned AT&T common stock (T) as of the close of business on April 5, 2022, the record date for distribution of shares of SpinCo, first calculate your AT&T Cost Basis using the worksheet below and then use that output for the AT&T Inc. / WBD allocation.
Important Disclaimer:
To the best of our knowledge this model is accurate for allocating cost basis from GM and GMH stock.
We don’t take responsibility if there are mistakes in the model or if it doesn’t accurately represent tax law or if tax law has changed since these transactions took place.
The model uses the average of the day’s high and low to determine some values for tax purposes.
Other methodologies may provide better tax outcomes.
Check with your tax advisor to ensure these calculations are correct and that you are following the latest IRS rules.
If you purchased DIRECTV stock before December 23, 2003 or acquired your shares through an exchange of Liberty Entertainment as part of the Liberty Entertainment Merger transaction, see below to calculate the Cost Basis.
- If you received your GMH/DTV shares via a dividend from General Motors in 1985, click here.
- If you purchased your GMH/DTV shares prior to December 17, 1997 click here.
- If you acquired your GMH/DTV shares as part of an exchange for GM 1-2/3 common stock in May 2000, click here.
- If you purchased shares prior to December 23, 2003, click here.
- If you acquired your DIRECTV shares through an exchange of Liberty Entertainment stock as part of the 2009 Liberty Media merger, click here.
If you have any questions, please call us toll free at 1‑800‑351‑7221 or e-mail us at [email protected]. If you are calling from outside the continental United States, please call us collect at 781-575-4729.