Altaba Announces Liquidating Distribution of $0.20 Per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2025
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Should l Buy ?
Source: Yahoo Finance
Liquidating Distribution Announcement: Altaba Inc. has approved a liquidating distribution of $0.20 per share, totaling approximately $103.9 million, to be paid on May 19, 2025, as part of its ongoing liquidation process initiated in 2019.
Background and Financial Context: The distribution includes state and city tax refunds, holdback amounts no longer needed, and excess interest from investments, with further distributions expected as the liquidation progresses.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
