Monday, October 10, 2016 1:03:25 PM
Can't call up Arconic ARNC at Bigcharts, here (ADFN) or at stockcharts.com........LoL !
Looks like t'was initiated about 5 ? days before reporting.....?
What happens to the companys' DOW component status ?
================================================
This from 3 ? months ago :
Alcoa will split its less-promising businesses into a company that would keep the Alcoa name
Alcoa Inc. provided further details Wednesday of its plans to separate its more-profitable assets focused on the aerospace and automobile industries from its less-promising mining, refining and smelting business, which has been dragged down by the commodities bust.
Alcoa AA, +0.06% said it would spin off the less-promising businesses into a company that would keep the Alcoa name and seek to continue trading under the stock symbol “AA” on the New York Stock Exchange.
The parent company will keep the businesses that make multimaterial products serving the aerospace, automotive, transportation, and building and construction markets, such as commercial vehicle wheels and jet gas turbine airfoils. The existing publicly traded company will be renamed Arconic and change its ticker symbol to “ARNC.”
Alcoa announced its plans to split in September; Wednesday, Alcoa filed the initial separation form with the Securities and Exchange Commission that officially begins the process. Alcoa didn’t say when the split would occur, other than it was on track for the second half of this year.
The company said that at least 80.1% of the spun-off company will be distributed to shareholders and that about 19.9% of the spun-off smelting business will be owned by Arconic.
=========================================================================================================================
THIS FROM OCTOBER 4th :
3 DAYS LATER :
So during sometime between October 4th and the 8th (they'll report after closing on October 10th),
they snuck in this weird little restructuring.
.
.
Recent AA News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/16/2024 12:26:30 PM
- Intel Secures $3.5 Billion Subsidy, Stellantis Backs EU Emissions Targets, BP and Apollo Reach $1 Billion Deal • IH Market News • 09/16/2024 10:03:27 AM
- Alcoa Announces Agreement to Sell its 25.1% Stake in Ma’aden Joint Venture to Ma’aden • Business Wire • 09/15/2024 01:23:00 PM
- Alcoa Executive Vice President and Chief Financial Officer Molly Beerman to Participate in Conferences Hosted by Jefferies and Morgan Stanley • Business Wire • 08/26/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 12:34:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 12:34:23 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:10:46 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:09:40 PM
- Alcoa Announces Investor Relations Leadership Transition • Business Wire • 08/06/2024 12:30:00 PM
- Alcoa Issues 2023 Sustainability Report • Business Wire • 08/02/2024 12:29:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 11:47:47 AM
- Alcoa Completes Acquisition of Alumina Limited • Business Wire • 08/01/2024 11:43:00 AM
- Alcoa Corporation Declares Quarterly Cash Dividend • Business Wire • 07/31/2024 10:05:00 PM
- TSMC Net Profit Hits $7.6B; Nokia Sees 32% Decline in Operating Profit; Novartis Boosts Outlook After Profit Surge • IH Market News • 07/18/2024 09:53:54 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 08:16:20 PM
- Alcoa Corporation Reports Second Quarter 2024 Results • Business Wire • 07/17/2024 08:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 12:30:23 PM
- Tech-Led Decline in U.S. Index Futures Pre-Market, Oil Prices Steady After U.S. Inventory Drop • IH Market News • 07/17/2024 10:30:52 AM
- Alcoa Corporation Announces Stockholder Approval in Connection with the Proposed Acquisition of Alumina Limited • Business Wire • 07/16/2024 01:00:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/11/2024 08:30:17 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/10/2024 08:30:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 08:20:55 PM
- Alcoa Corporation Releases Preliminary Second Quarter 2024 Results • Business Wire • 07/10/2024 08:17:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/08/2024 08:32:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 08:31:41 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM