Hey. 
@pintas is correct. As per the event terms, shareholders received 0.241917 shares of Warner Bros Discovery, Inc. per every 1 AT&T, Inc. share/s held at the end of 08.04.2022.
@Richard.W, in your case: 0,241917 × 25 = 6,047925.
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How interesting! Thank you. I will have to chase up with the other platform that gave me only 384, not 387.0672.
I notice that there are some websites quoting the spinoff rate as 0.24 and others as 0.241917. I now believe 0.241917 is correct. Perhaps 0.24 was an estimate made a few days before completion.
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I have a question: I thought in order to be eligible for the spinoff WDB shares I had to hold AT&T shares until the end of the record date: which was supposed to be 5 April. Now I see that only those that held the shares until the end of 8 April received them. I think I don’t really understand what you need to do exactly to be eligible for them? Can somebody explain me what I did wrong?
How to make 9000% in less than 10 secs, buy a tiny amount of wbd
Yeah, I think this needs to get sorted
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Welcome back to my youtube recommendations? I don’t know why I lost you but you came back the other day 
Life got a bit hectic so I didn’t post for a bit, hopefully some stuff coming soon
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Also…
Because of the delisting of disca I’m unable to invest in my pie now, no option to remove it from the pie either… any ideas?
Hold on, I just clicked edit pie and it did it for me (I was clicking cancel and attempting to remove it myself previously) - Apologies!
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Does anyone know how to work out what your ‘real’ average share price for WBD is? 
Opening prices for T and WBD on 11 April were 18.90 and 24.04 USD. I calculated my basis cost for each by allocating my previous basis cost for T proportionally to the values of my stock holdings in T and WBD. Thus each was at that point showing the same percentage gain, (or actually loss, in my case.)
This is the way it supposed to be done for the purpose of calculating capital gains tax liability.
I think you could also use closing prices on 11 April.
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Thanks so much for taking time to respond to this so thoroughly, very much appreciated. This is helpful and will be able to work out what my average should be. Cheers 
