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Spinoff Shares and Cash  (Oct 5, 2023. Clarified Jun 8, 2024.)   Question? Email: info@hpalumni.org

What happened? HP spun off Agilent. Agilent spun off Keysight. HP spun off HPE. HPE spun off DXC, which spun off Perspecta, which was bought by Peraton. HPE Software was spun off to UK-based Micro Focus, which paid out cash, and was bought by Canada-based OpenText.  

How to use the table:

Step 1: In the table below, compare the date when you first acquired HP stock with the dates of these major HP/HPE-related stock events. This indicates the public companies you should have shares in based on your purchases of HP stock (if if happens that you never sold any of the HP spinoff shares.)

Step 2: Click on each "Dividends" link in the blue column to find the most recent dividend or other payout that you should have received if you still have the stock registered in your name -- with your correct postal address.

Step 3: If you had 100 HPQ shares on Oct 21, 2015 (date of the HPInc/HPE split) -- and have not initiated the sale of any HP or spinoff stock since -- you should currently have the number of shares (and have received cash) as shown in the green column. (Amounts approximate, since fractional shares are paid out in cash.)

Step 3: If you are not getting dividends or payouts for a stock you believe you own, go to  Check for lost stock and uncashed checks

 

Date of stock event

Stock
(Stock
symbol)

Did you get the most recent dividend or other payout? Either a check sent directly to you or cash credited to your account at an administrator or broker. (This indicates that the stock is still registered in your name somewhere.)

Check each link!

If you had 100 shares of HPQ on Oct 21, 2015 (date of the HPInc/HPE split) -- and have not initiated the sale of any HP or spinoff stock since -- you should currently have the number of shares (and have received cash) as shown in the green column. (Amounts approximate, since fractional shares are paid out in cash.)


  1957-11-06 HP (HWP)     HP Initial Public Offering.
 

2000-05-02

Agilent (A)

Agilent Spinoff

 

HP spun off Agilent. HP shareholders received 0.381 share of Agilent (A) per HWP share owned.

 

2002-05-06

HP (HPQ)

HPQ Dividends

 

Compaq merger. Hewlett-Packard Company stock symbol was changed from HWP to HPQ.

 

2014-10-22

Keysight (KEYS)

Agilent Spinoff

 

Agilent spun off Keysight. Agilent shareholders received 0.5 share of Keysight (KEYS) per Agilent (A) share owned.

 

2015‑10‑21

HPE (HPE)

HPE Dividends

100 HPE per 100 HPQ.

HP spun off Hewlett Packard Enterprise (no hyphen; green-rectangle logo.) HPQ shareholders received 1 share of HPE per HPQ share owned. Hewlett-Packard Company renamed "HP Inc."

 

2017‑03‑20

DXC (DXC)

DXC Dividends

8.6 DXC per 100 HPQ. (Rounded down; cash paid for the fractional share.)

HPE Enterprise Services business was spun off and merged with Computer Sciences Corporation, creating DXC. HPE shareholders received 0.086 share of DXC per HPE share owned.

 

2017‑09‑01

Micro Focus (MFGP)

MFGP Dividends

13.7 MFGP per 100 HPQ. (Rounded down; cash paid for the fractional share.)

HPE Software business was spun off and merged with Micro Focus (a UK company.) HPE shareholders received 0.137 share of MFGP (U.S.) per HPE share owned. MFGP (U.S.) valued at $29.34/share.

 

2018‑05‑25

Perspecta (PRSP)

DXC Notice

4.3 PRSP per 100 HPQ. (Rounded down; cash paid for the fractional share.)

DXC U.S. Public Sector business was spun off and merged with two other companies, creating Perspecta. DXC shareholders received 0.5 share of Perspecta per DXC share owned.

 

2019‑04‑30

Micro Focus (MFGP)

ADR Information

11.3 MFGP "B" shares per 100 HPQ. (Rounded down; cash paid for the fractional share.)   
Plus
$4.30 cash in exchange for each original MFGP "A" share. (i.e. $59 Cash per 100 HPQ -- rounded down.)

Micro Focus "Return of Value" due to sale of SUSE Linux business for $2.5 billion. You received 0.8296 MFGP "B" shares plus $4.30 cash in exchange for each original "A" share.

 

2021‑05‑06

Perspecta (PRSP)

SEC Filing
(See Item 2.01)

<$126 cash per 100 HPQ. (Rounded down.)

Perspecta bought by Peraton. Peraton paid $29.35 cash in exchange for each Perspecta share -- a 49.7% premium over last closing price before public reports. PRSP stock was retired. Either $29.35 per PRSP share was paid into your brokerage cash account or a check was mailed by approx. 6/2/21. See hpalumni.org/StockPerspecta

 

2023-01-31

Micro Focus (MFGP)

Details

532 UK pence per MFGP.

Micro Focus was bought for cash by OpenText at almost double the market price. MFGP stock was retired. Either $6.43 per MFGP "B" share was paid into your brokerage cash account or a check was mailed by Feb 14 2023.

 


Side trip: If you want all the details: HPAA's Complete Stock Decoder Table  The HPAA's central information page for stock -- old and new stock symbols, shares or cash paid, links to more info, state to check for unclaimed stock, official investor FAQ, cost basis allocations. Requires a good-sized screen.

Suggested next step:  Where is my stock?

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