Seeking Alpha

Safeway announces a special dividend to spin off Class b Blackhawk shares

  • Safeway (SWY) announces a special dividend in which it will spin off Class B shares of Blackhawk Network (HAWKB).
  • The B shares hold 10 votes per share compared to the single vote for a share of the class A stock (HAWK).
  • SWY +0.5% AH
Comments (1)
  • AdamDivy
    , contributor
    Comments (417) | Send Message
     
    I think this should have been included...

     

    "...it is anticipated that Safeway stockholders will receive approximately 0.164308 of a share of Blackhawk Class B common stock for every share of Safeway common stock held as of the Record Date..."
    24 Mar 2014, 04:40 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs