Wells Fargo Direct is a direct stock purchase and
dividend reinvestment plan that provides a convenient and
economical method for new investors to make an initial investment
in Wells Fargo common stock and for existing investors to increase
their holdings of Wells Fargo common stock. Jenaveve jolie filmography or
call 1-877-840-0492 to be mailed an
enrollment kit including a plan prospectus.
Wells Fargo common stock is traded on the New York Stock
Exchange.
You should consult your tax advisor because your tax
consequences may vary.
Access Valerie law nude information.
For reference, here is a discussion of the Material U.S. Tax
Consequences that was part of the final proxy statement-prospectus
that you should have received:
Accordingly, and on the basis of the foregoing opinions, as
a result of the merger qualifying as a “reorganization” within the
meaning of Section 368(a) of the Code, upon exchanging your
Wachovia common stock for Wells Fargo common stock, you generally
will not recognize gain or loss, except with respect to cash
received instead of fractional shares of Wells Fargo common stock
(as discussed below). The aggregate tax basis in the shares of
Wells Fargo common stock that you receive in the merger, including
any fractional share interests deemed received and redeemed as
described below, will equal your aggregate adjusted tax basis in
the Wachovia common stock you surrender. Your holding period for
the shares of Wells Fargo common stock that you receive in the
merger (including a fractional share interest deemed received and
sold as described below) will include your holding period for the
shares of Wachovia common stock that you surrender in the exchange.
If you acquired different blocks of Wachovia common shares at
different times or at different prices, the Wells Fargo common
stock you receive will be allocated pro rata to each block of
Wachovia common stock, and the basis and holding period of each
block of Wells Fargo common stock you receive will be determined on
a block-for-block basis depending on the basis and holding period
of the blocks of Wachovia common stock exchanged for such block of
Wells Fargo common stock.
Historically Wells Fargo has paid its dividends on the first
business day of March, June, September, and December.
Yes, as part of Wells Fargo Direct, participants can
reinvest all or some of their cash dividends in Wells Fargo common
stock. Pure taboo india summer or call 1-877-840-0492 to be mailed an enrollment kit
including a plan prospectus.
The transfer agent for Wells Fargo is:
Lily cowles naked
P.O. Box 64854
Saint Paul, MN 55164-0854
1-877-840-0492
Visit the links below, or you can call 1-415-371-2921. SEC documents are also accessible
through the SEC's Jane fonda nudes database.
Dividend Equalization Preferred Shares(DEPs), are preferred
shares that were issued in connection with the September 1, 2001,
merger between First Union and the former Wachovia to shareholders
of the former Wachovia who elected to receive the DEPs rather than
a one-time cash payment of 48 cents per share. This new class of
preferred shares was intended to ensure that a holder received
dividends equal to the difference between the last dividend paid by
the former Wachovia (equivalent to 30 cents per share) and the
common stock dividend that was declared in 2001 by the combined
company.
Dividend rights of the DEPs ceased following the fourth quarter
of 2003 common stock dividend payment, when Wachovia’s total
dividends paid to common stockholders for four consecutive quarters
equaled at least $1.20 per common share. Dividend Equalization
Preferred Shares (DEPs) are not listed on a stock exchange. Wells
Fargo issued DEP shares in the merger to former holders of Wachovia
DEPs.
The Wells Fargo DEP Shares have little or no economic value.
Please contact your broker regarding the market value of your Wells
Fargo DEP Shares. The market value is likely to be affected by
liquidity issues since very few, if any, brokers are making a
market in the Wells Fargo DEP Shares.
With regard to distributions upon liquidation or dissolution,
the Wells Fargo DEP Shares will rank junior to any other class or
series of Wells Fargo preferred stock issued in exchange for
preferred stock established by the Wachovia board of directors
after September 1, 2001, and each class or series of preferred
stock established by the Wells Fargo board of directors following
the issuance of the Wells Fargo DEP Shares, and will rank senior to
the common stock for the $10.00 liquidation preference described
below.
Holders of Wells Fargo DEP Shares will not be entitled to
receive any dividends.
The Wells Fargo DEP Shares will not be convertible or
exchangeable. The Wells Fargo DEP Shares will be redeemable, in
whole or in part, at Wells Fargo's option after December 31, 2021,
for an amount equal to $10.00 per Wells Fargo DEP Share (or $0.01
per one one-thousandth of a Wells Fargo DEP Share, which is
equivalent to the redemption price for the Wachovia DEP Shares).
Wells Fargo must provide no less than 30 and no more than 60 days
notice prior to any date specified for redemption of Wells Fargo
DEP Shares. If Wells Fargo redeems less than all outstanding Wells
Fargo DEP Shares, then Wells Fargo must redeem all shares held by
holders of fewer than one-tenth of a share, or by holders that
would hold fewer than one-tenth of a share following the
redemption.
In the event of liquidation, holders of Wells Fargo DEP Shares
will be entitled to receive, before any distribution is made to the
holders of common stock or any other junior stock, but after any
distribution to any other class or series of Wells Fargo preferred
stock issued in exchange for preferred stock established by the
Wachovia board of directors after September 1, 2001, an amount
equal to $10.00 per Wells Fargo DEP Share. The holders of Wells
Fargo DEP Shares will have no other right or claim to any of the
remaining assets of the company. Each one one-thousandth of a Wells
Fargo DEP Share will have a corresponding liquidation preference of
$0.01, which is equivalent to the liquidation preference of the
Wachovia DEP Shares.
Holders of Wells Fargo DEP Shares do not have voting rights,
except those required by applicable law or the rules of a
securities exchange on which the Wells Fargo DEP Shares may be
listed. The Wells Fargo DEP Shares are not currently listed on any
securities exchange, but are traded on the over-the-counter
Bulletin Board.
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responsible for inaccuracies or omissions in that information or
for actions taken in reliance on that information. Please read
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available through this site. Potential investors in our securities
should seek professional advice before they invest.