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Public companies can't do that, unless they want to have at least as many tickers. The 890 million treshold is calculated for the holding, not the subsidiaries
by GDC7 5y ago
Public companies can't do that, unless they want to have at least as many tickers.
The 890 million treshold is calculated for the holding, not the subsidiaries
- hetspookjee 5y agoPretty sure you can create an index fund filled with all your sub 750M subsidiaries, redistribute the money that was gained by selling those and voila. You can even mix and match. Of course this is no cheap thing to materialise given that the law will probably be against such a thing but I’d give it a years time before the first ones raise their head with this approach.