Clearing House Advisory Notices
To | Clearing Member Firms
From | Clearing House Department
Subject | CORPORATE EVENT: American Express Company Spin-Off
Notice Date | 2005-09-30
Notice Number | 05-236
Effective Date |
American Express Company (AXP1C) has announced a distribution of Class B common shares of Ameriprise Financial, Inc. (AMP). The distribution ratio will be approximately 0.2 share of common stock of AMP for each one share of common stock of American Express Company. The ex-distribution date is Monday, October 3, 2005. This corporate action will be coordinated with the Options Clearing Corporation. For the full text of this advisory . . .