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On October 2, 2023, Kellogg Company (NYSE: K) completed the separation of its North American cereal business through a tax-free spin-off of WK Kellogg Co to Kellogg Company shareholders. WK Kellogg Co is independent, public company trading on the New York Stock Exchange (NYSE) under the ticker symbol “KLG”. Also on October 2, 2023, Kellogg ...
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On October 2, 2023, Kellogg Company (NYSE: K) completed the...
- Stock Price
On October 2, 2023, Kellogg Company (NYSE: K) completed the separation of WK Kellogg Co into an independent, public company through a tax-free spin-off to shareowners through a stock dividend of one share of WK Kellogg Co common stock for every four shares of Kellogg Company held by shareowners as of the record date of September 21, 2023.
Oct 2, 2023 · Kellogg spun off WK Kellogg effective October 2, 2023 in a transaction meant to be tax-free to K shareholders. WK Kellogg began normal trading on October 2, 2023. Kellogg shareholders received 1 share of KLG for each 4 shares of K owned. The parent company, Kellogg, then changed its name to Kellanova while keeping the ticker symbol K. Resolution:
Oct 2, 2023 · The transaction distributed all of the WK Kellogg shares to Kellanova investors, who received one KLG stock for every K share they owned. Kellogg officially split into two distinct, publicly ...
- Bill Mccoll
Jul 24, 2023 · WK Kellogg Co The Company is prepared to separate its U.S., Canada, and Caribbean cereal business in a tax-free spin off to Kellogg shareowners during the fourth quarter of 2023. This company will be called WK Kellogg Co, and its stock will be traded on the New York Stock Exchange, under the ticker symbol "KLG".
Sep 11, 2023 · The receipt of WK Kellogg Co common stock in the distribution will be tax-free to Kellogg Company shareowners for U.S. federal income tax purposes, except for the gain or loss attributable to cash ...
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WK Kellogg Co is a leading food company in the U.S., Canada, and Caribbean, with beloved brands, a heritage of innovation, and more than a century of operational success. As a standalone company, WK Kellogg Co will have greater strategic focus and operational flexibility, and will direct capital and resources toward unlocking growth, regaining category share, and restoring and expanding profit ...
