1Yr·

Capital measure carried out

$WBA has just been sold automatically in the securities account (ING). Does anyone have any idea whether this is automatically included in the loss account if you bought through it (like me)? Do I still have to do something or has the delisting issue been resolved?

7 Comments

Marcus@Helleone

1Yr

I've sold them too. Wasn't there still a premium of up to 3 dollars? When can I expect that?

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teschi@teschi

1Yr

@Helleone when the VillageMD sale is completed. 😅 Nobody knows when this will be completed... 3 months 3 years?

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Marcus@Helleone

1Yr

@teschi thanks, should have sold before

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teschi@teschi

1Yr

@Helleone Well, that's what I thought too. There are also nasty opinions from others who assume that debts will be postponed before the sale (no idea whether this would be possible and permissible) and so there will be nothing left to distribute on the sale.
On the Walgreens IR page there is a sample calculation somewhere of how and in what amount the distributable proceeds would be divided.

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teschi@teschi

1Yr

@Helleone https://investor.walgreensbootsalliance.com/static-files/3594ddd6-5e60-44b4-ad69-f11caa813736

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Marcus@Helleone

1Yr

@teschi thank you, we are excited

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Manuel@Ghoscht

1Yr

TR was also booked out today. I got just under €9.80. Which corresponds to USD 11.45. The loss pot has risen.
In principle then done and also processed for tax purposes for the time being.

If it gives you up to 3$ afterwards (whenever and if ever) it would probably be a capital gain like a dividend.

So much for the topic: pharmacy always works
🙈😅

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