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Stock issues for former EDS employees (Updated Dec 17, 2019.)
Time to untangle your stock! With any employer, no one but you really cares about your employment-related stock. You may have stock in up to seven HP-related companies. It may not all be held in the same place. With each spinoff, the cost basis for your shares changed. Many find stray accounts -- or need to retrieve stock or dividends turned over to a state as "unclaimed." You could pay taxes twice on the same income. Your heirs may not find it all. An HP Alumni team developed a step-by-step process to find it, protect it, and prevent double taxation. Go to Employee Stock
HP Inc is the legal successor to EDS -- not subsequent successor companies such as HPES, Hewlett Packard Enterprise, DXC, etc. (Does not depend on whether your last business unit subsequently ended up in HP Inc or Hewlett Packard Enterprise in the HP Breakup.)
HPAA member advice for former EDS employees on pensions and other issues.
For full HP stock history, see HP Stock Decoder
HP's instructions for regular EDS shareholders: HP Inc site
Official HP public page on employee stock, including EDS ESPP: HP Inc Global Total Rewards
Official HPE public page on employee stock, including EDS ESPP: HPE Global Total Rewards
HPAA member advice on EDS stock: EDS stock is no longer traded. HP paid $25.00 per share to the owners of record as of August 26, 2008. ($13.9 billion -- a 32% premium over the market price of $18.86 before announcement .NYTimes ) A check was sent to the address in the ownership records for each shareholding -- Where's my stock? If the check was uncashed, the money would have eventually been turned over to a state unclaimed property department. See HPAA's page on How to check for lost stock and dividends
Your broker may have used a different formula than the one suggested in the tax basis letter provided by the company -- resulting in a somewhat different value. Check your brokerage account online -- or by examining a recent account statement -- to view your holdings in each stock going forward. HP/HPE tax basis letter
EDS annual reports on HP website: HP Inc site
EDS stock price history on third-party website: http://www.1stock1.com/1stock1_175.htm
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