Verizon Communications, Inc., is pleased to announce a voluntary program, managed by Georgeson LLC (Georgeson), through which shareholders owning fewer than 100 shares of as of 05/10/2023 record date may sell their shares. A processing fee of $3.10 per share (up to a maximum of $60 per account) will be charged by Georgeson and deducted from your proceeds or purchase deposit to defray the cost of this program.
The terms of the offer are as follows:
Option 1: Take no action [Default option]
Option 2: Tender, Acquire based on the weighted average price (to be determined
) calculated on respective week. (Beneficial holders of 1-19 shares on Record date)
Option 3- Tender, Acquire based on the weighted average price (to be determined
) calculated on respective week. (Beneficial holders of 20-99 shares on Record date)
The deadline to tender shares to the offer will be 02/06/2023@ 16:00 (HONG KONG TIME GMT+8).
In the absence of an election, no action will be taken.
Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.
1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: VZ.US
4. Options: (1) or (2)
5. Number of shares participating in corporate actions:
Note to applicants:
1. If shareholders holding 1 share or less of VZ.US, they cannot participate in related corporate actions.
2. Option 1 is the default option. We will help clients to choose option 1 if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.