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Stock issues specifically for former EDS employees (Updated Sep 4, 2025) Not officially endorsed or supported.
This page gives details for only one aspect of the many HP/HPE-related stocks. If you were ever an HP shareholder, you may now have shares of HPQ, HPE, Keysight, and/or Agilent – in different accounts. If ever an HPE shareholder, you may now have shares of DXC – and may not have received cash payouts for MFGP and PRSP. Only you – not the company, plan administrators, transfer agents, brokers, or the IRS – can reconstruct your full stock history. Transactions were often tracked and reported differently – or not at all.
When finished with this page, go to: HP/HPE-Related Stocks
EDS employee stock purchase plan contact: Computershare 1-888-892-4853 in the U.S. (1-201-296-4789 or 1-201-680-6941 outside U.S.)
See all our information for EDS alumni -- pension, career, benefits, networking, EDS history/culture -- whether or not you ever worked for HP: https://www.hpalumni.org/eds
Received a "Potential Private Retirement Benefit" letter from U.S. Social Security? How to decode and who to contact: "Potential Benefit" letter If the Plan Name is "EDS Payroll Stock Ownership Plan" -- EDS stock was retired when, due to declining growth and profits, EDS management and board sold the company to HP in 2008. See below.
Legal successors and company names.
EDS sale to Hewlett-Packard. Due to declining growth and profits, EDS stock was down to $19 -- from $72 in 2001. EDS management and board negotiated the sale for $25/share, a 32% premium. Completed Aug 26, 2008. EDS stock was retired. EDS was temporarily structured as a subsidiary, "EDS, an HP Company." On Sep 23, 2009, it was renamed "HP Enterprise Services."
Hewlett-Packard breakup. On Nov 1, 2015, the legal name of the Hewlett-Packard Company was changed to HP Inc. ("hp" logo, HPQ stock symbol) and a new, completely separate company – Hewlett Packard Enterprise (no hyphen, singular, "HPE" logo and stock symbol) – was spun off. Portions of HPE were later spun off into DXC and Micro Focus, which have spun off other companies.
HP Inc is the overall legal successor to Hewlett-Packard and to companies acquired by Hewlett-Packard before Nov 1, 2015 – such as Compaq, DEC, EDS, Tandem, etc. -- regardless of whether a business unit ended up in HP Inc or HPE.
Keep your postal address current on every financial account. And run an "unclaimed property" search every year. Employer does not update your address. Financial institutions are required to turn over inactive accounts to the state. Neither cashing dividend checks, receiving direct deposits, accessing accounts online, nor receiving statements prevents this – only a personally-initiated transaction, postal response, or call. Difficult to retrieve funds – and stock is sold. Easy to check: Unclaimed Property
Electronic Data Systems was originally incorporated in Texas. In 1984, it was reincorporated in Delaware. (For unclaimed property related to the 1984-1996 ownership of EDS by General Motors, check Michigan.)
EDS stock was retired. HP's instructions to regular EDS shareholders in Aug 2008:
"HP
has acquired EDS for $25.00 per share in cash... If you are a registered holder, you should be receiving a package
of materials from BNY Mellon Shareowner Services within a week or
two with further instructions on exchanging your stock certificates.
Payment for your certificated shares should be sent within a few
business days after receipt of your documents by BNY Mellon... you
will need to submit your stock certificates along with a Transmittal
Letter to BNY Mellon Shareowner Services. ... Do not send your stock
certificates to EDS or to HP."
"All other holders should contact your broker."
--from the HP Investor Relations site, as
retrieved by the independent non-profit Internet Archive
[Computershare bought the
Mellon stock registry business in 2012. Computershare Investor
Services: 781-575-2000. 150 Royall Street - Suite 101, Canton, MA
02021]
If you have paper stock certificates. What to do: https://www.hpalumni.org/StockCertificate
Stock options. Vested but unexercised EDS options were converted to the equivalent value in HPQ options, using the ratio of the price HP paid vs. the average HPQ price over five days ending two days before the closing = $25/$45.30 = 0.5519. Example: Option for 822 EDS shares at $37.375 was converted to 453 HPQ shares at $67.73. Original EDS terms and conditions apply.
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. Where's my stock?
Due to the many complex HP-related stock events, only you – not the company, plan administrators, transfer agents, brokers, or the IRS – can reconstruct your full stock history. Transactions were often tracked and reported differently – or not at all. Retain your documents and tax calculations indefinitely. Admin and Broker Issues
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
HP's official financial Q and A about several acquisitions:
HP once had a page on their
financial website entitled "Q and A," which linked to FAQs
giving details for stockholders of companies that HP had
acquired. The FAQs are no longer on the HP financial
website -- and the FAQs about acquisitions that became part
of HPE on Nov 1, 2015 are not on the HPE financial website.
The most recent copy
of the HP financial "Q and A" page in the
independent
non-profit Internet Archive
was collected on Jan 9, 2017 -- and it has links to a copy
of each FAQ:
https://web.archive.org/web/20190109232600/http://h30261.www3.hp.com/faq.aspx
The stock in these predecessor companies is no longer
traded. The shareholders -- including former employees who
had stock or options -- were paid off in cash or stock of
the acquiring company at
the time of the acquisition.
EDS Stock Splits
Last four EDS Annual Reports For EDS
SEC filings, go to the SEC's
EDGAR site
EDS annual reports on HP website:
HP Inc site
EDS stock price
history
on third-party website:
http://www.1stock1.com/1stock1_175.htm
EDS and General Motors.
In 1984, EDS was sold to General Motors. In 1996, GM spun off EDS as a
separate public company.
Wikipedia has links to contemporaneous news stories.
"...on June 8, 2009... Common stock holders in the old General Motors
were essentially wiped out... Shares of the old GM are canceled."
--Matt Krantz,
USA Today, Apr 30, 2013.
Question? Email us:
info@hpalumni.org
Record date and event:
February 14, 1992 2 for 1 split
February 16, 1990 2 for 1 split
May 16, 1985 2 for 1 split
September 1968 IPO
--from 2015 copy of HP website on
independent non-profit Internet Archive
Helping each other with life after Hewlett-Packard, HP Inc, and HPE. Join independent HP/HPE forums
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