On April 11th, 2022 AT&T (ticker: T) completed a spin-off of its media business, Warner Brothers Discovery (ticker: WBD).
Warner Brothers Discovery stock has been trading separately from AT&T’s stock since the spin-off completed. Shareholders who held AT&T stock at market close on April 8th, 2022 received 0.241917 shares of Warner Brothers Discovery for every 1 AT&T share they held.
If you have further questions about AT&T or Warner Brothers Discovery stock, please refer to their Investor Relations website.
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