Final Distribution Ratio To Dell Stockholders: .440626 Shares Of VMware
Dell Technologies’ final distribution ratio for the special dividend of its shares of VMware Class A common stock and Class B common stock to Dell Technologies stockholders is .440626, meaning each Dell shareholder gets roughly 0.44 shares of VMware.
Dell shareholders received 0.44 of a share of VMware Class A common stock for each share of Dell Technologies common stock held as of 5p.m. on Oct. 29, according to a Dell filing with the U.S. Securities and Exchange Commission.
Each share of VMware Class B common stock has been converted into one share of VMware Class A common stock. Dell Technologies stockholders will receive cash in lieu of any fractional shares of VMware Class A common stock, according to the SEC filing.
Final Share Count: 337,990,441
The spin-off was completed through a special dividend of 30,678,605 shares of VMware Class A Common Stock and 307,221,836 shares of VMware Class B Common Stock distributed to Dell’s stockholders of record as of 5p.m. on Oct. 29.