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Cost Basis Guide

Worksheet

Select the acquisition below:

Southern New England Telecommunications Corporation

If you acquired AT&T Inc. (formerly SBC Communications Inc.) shares as a result of the merger with Southern New England Telecommunications Corporation, use this worksheet.

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.

SNET (Southern New England Telecommunications Corporation)

Besides the original date when you acquired your AT&T Inc. 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 SNET shares on or before May 29, 1949 (estimated distribution date for SNET 4-for-1 stock split).
$ (per share) ÷ 4 = $ New Cost Basis
Click Here if you owned SNET shares after May 29, 1949 (estimated distribution date for SNET 4-for-1 stock split) and on or before Oct. 15, 1983 (distribution date for SNET 2-for-1 stock split).
$ (per share) ÷ 2 = $ New Cost Basis
Click Here if you owned SNET shares after Oct. 15, 1983 (distribution date for SNET 2-for-1 stock split) and on or before Jan. 16, 1990 (distribution date for SNET 2-for-1 stock split).
$ (per share) ÷ 2 = $ New Cost Basis
Click Here if you owned SNET shares after Jan. 16, 1990 (distribution date for SNT 2-for-1 stock split) and on or before Oct. 26, 1998 (the effective date of SBC's acquisition of SNET).
$ (per share) ÷ 1.7568 = $ New Cost Basis
Note: As a result of the acquisition of SNET by SBC effective Oct. 26, 1998, you received 1.7568 shares of SBC common stock for each share of SNET common stock.
If you acquired your AT&T Inc. shares on or after March 20, 1998, your cost basis is the same as the actual price paid for the shares.