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World Kinect Corp V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Post by kokomakon Jan 21, 2012 2:10pm
453 Views
Post# 19431311

Question regarding Spin out

Question regarding Spin out

What happens when Ortsbo Spin's out on a date let's say for example February 10th. They issue their dividend of say 10 to 1. How long would an investor have to hold on to their shares of INT. The reason for the question is let's say investors accumulate shares before the spin out in order to get the dividend which should elevate the share price, then the spin out happens and investors sale the INT shares cause now they have the dividend and the share price would i assume drop.

Bullboard Posts