Altaba is an independent, publicly traded, non-diversified, closed-end management investment company registered under the 1940 Act. Following the sale of the operating business of Yahoo! Inc. (YHOO) to Verizon Communications, Inc., YHOO changed its name to Altaba Inc. On June 19, 2017 the company began trading on Nasdaq as “AABA.”
No. The sale of the operating business of Yahoo! Inc. to Verizon Communications, Inc. closed on June 13, 2017. Following the sale, Yahoo! Inc. was renamed Altaba Inc. Altaba has no ongoing affiliation with the former operating business.
While Altaba does not pay a regular cash dividend, the company currently intends to return substantially all of its cash to stockholders over time through stock repurchases and distributions, although it will retain sufficient cash to satisfy its obligations to creditors and for working capital.
A transfer agent is a regulated entity entrusted to maintain and administer the company's shareholder records. Our transfer agent is Computershare Investor Services and can be reached by phone at (877) 373-6374, by mail at P.O. Box 505000, Louisville, KY 40233, or by overnight mail at 462 South 4th Street, Suite 1600, Louisville, KY 40202.]
Stock certificates are usually sent directly to the shareholder and should be kept in a secure place. It is also possible that your shares may be held with your stockbroker. If you participate in the Altaba Direct Stock Purchase Plan, your shares may be held in the Plan in book form. The Plan also allows you to deposit your certificates with the transfer agent for "safekeeping". You may review your registered account and the terms and conditions of the Altaba Direct Stock Purchase Plan on our transfer agent's website www.computershare.com through 'Account Access' or 'Buy Stock Direct', respectively. If you determine that your stock certificates are lost, please contact our transfer agent for directions and required forms to issue a replacement (please note that there may be fees and surety premiums associated with issuing replacement certificates).
For registered shareholders, you may change your address and conduct additional services online through a secure Internet Account Access service hosted by our transfer agent, Computershare, at www.computershare.com. You may also contact them by phone at (877) 373-6374, by mail at P.O. Box 505000, Louisville, KY 40233, or by overnight mail at 462 South 4th Street, Suite 1600, Louisville, KY 40202.