Are old stock certificates worth anything?
An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its name.
What happened to SBC Communications?
Southwestern Bell Corporation was renamed SBC Inc. in 1995. But in 2005, SBC acquired AT. But then SBC abandoned its name and is now known as AT.
What can you do with Bell Atlantic stock certificates?
If you own Bell Atlantic stock certificates, you can send them to Computershare, which manages accounts for people who own stock in Verizon outside of a broker through what’s called book-entry ownership. Verizon recommends that you send the certificates by registered mail and insure them for 3 percent of their value.
What happened to BellSouth stock?
A: After the merger is approved and closed, each outstanding share of BellSouth common stock will be exchanged for 1.325 shares of AT stock. All BellSouth shareholders will, therefore, become shareholders of AT. No action will be required by you until after the closing of the merger.
How do I cash in old stock certificates?
If you can track down the issuing company and get its CUSIP number, you can reach out to a transfer agent, complete a transfer form and place a sell order to cash in your old stock certificate. Otherwise, you could simply keep the certificate if the company no longer exists.
How can you tell if a stock certificate is still valid?
First, look for any signs that suggest the stock certificate is still valid. A valid stock certificate bears the name of the beneficiary. Also, all seals and signatures should be undamaged. In other words, there should be no hole punches or stamps over any of the seals or signatures on the certificate.
Is SBC still a company?
SBC Telecom is a separate company from Southwestern Bell Telecom, Inc., which was formed in 1984 as a separate subsidiary from Southwestern Bell to sell telephone equipment….SBC Telecom.
| Type | Private (Subsidiary of AT) |
|---|---|
| Key people | Lee Ann Champion, President |
| Products | Local Telephone Service |
Does Bell South still exist?
BellSouth Telecommunications ceased doing business under the BellSouth name on June 30, 2007. It now does business under the following names: AT Alabama. AT Florida.
Is BellSouth owned by Yahoo?
The company became known as BellSouth, LLC on June 26, 2015….BellSouth.
| Trade name | AT South |
|---|---|
| Number of employees | 63,000 |
| Parent | AT Corporation (1983) AT Inc. (2006–present) |
| Subsidiaries | BellSouth Telecommunications |
Are my old SBC shares still valid?
And, most important, your shares are alive and well. Southwestern Bell Corporation was renamed SBC Inc. in 1995. But in 2005, SBC acquired AT. But then SBC abandoned its name and is now known as AT. “Your reader’s stock certificates are still valid and do not need to be exchanged.
Did SBC Communications acquire AT?
If you acquired AT Inc. (formerly SBC Communications Inc.) shares as a result of SBC’s acquisition of AT Corp., use this worksheet. Besides knowing the original date when you acquired your AT Corp. shares, you also will need to know your original cost per share.
What happens to my old AT Corp stock certificates?
Any old AT Corp stock certificates must be submitted in order to complete the exchange. If you have not exchanged your old AT Corp. shares, AT Inc. will withhold dividends and distributions on these shares until they are submitted for exchange.