Capital Return reservation

C

Chips15

Registered User
Messages
7
I'm due a "Capital Return reservation" on Degiro from one of my investments (ACI). Can anyone confirm if that is a tax free event or is it taxable?
 
Is it Albertsons Companies you are invested in? (NYSE: ACI)

Is there an amount shown next to the 'Capital Return reservation'?

Does it correspond to the number of shares you hold x US$6.85 per share?

If so, it looks to be a special dividend and is taxable.

There is more info here assuming we're talking about the same stock:

Kroger and Albertsons Companies Announce Definitive Merger Agreement

Establishes National Footprint to Serve America with Fresh, Affordable Food for Everyone Combines Two Companies with Shared Values to Unite Around Kroger's Purpose to Feed the Human Spirit Accelerates Kroger's Go-to-Market Strategy and Positions Combined Company as a Premier Omnichannel Food...
www.albertsonscompanies.com
 
Thank you for your response and correct it is NYSE:ACI.

The special dividend was due to be paid on Nov 7th but remains suspended under a temporary restraining order attained Nov. 3 by Washington State Attorney General. I guess it's now a waiting game until that is resolved.
 
You must log in or register to reply here.
Menu
Log in
Register