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Short Take: NCR spin-off complete

AT&T has announced the distribution of 101.4 million shares of NCR common stock to AT&T shareowners, finalizing its spin-off of NCR. NCR is now trading as a separate stock under the ticker symbol NCR on the New York Stock Exchange. AT&T's board of directors declared the 1-for-16 special stock dividend to AT&T share owners in November. The spin-off was part of AT&T's strategic restructuring announced September 1995.

AT&T has announced the distribution of 101.4 million shares of NCR common stock to AT&T shareowners, finalizing its spin-off of NCR. NCR is now trading as a separate stock under the ticker symbol NCR on the New York Stock Exchange. AT&T's board of directors declared the 1-for-16 special stock dividend to AT&T share owners in November. The spin-off was part of AT&T's strategic restructuring announced September 1995.