Will holders of Danaher stock receive the spin-off 1 Veralto per every 3 Danaher stock owned by cut off date 13 September or will cash be paid out instead?
First trading day for Veralto will be on 2 October.
Thanks,
Hello, @huffelman - apologies for the rather late reply 
We are aware of the event, and we’re awaiting additional information on how it will be handled. Of course, once everything is finalised, we’ll execute it accordingly and notify all shareholders.
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Hi,
To follow up, which option did you choose in the end?
Best,
Hey, @huffelman 
We expect to distribute shares when it comes to Danaher’s spin-off event. The distribution ratio is confirmed to be 1 share of Veralto for every 3 shares of Danaher held on the ex-dividend date.
You can expect to receive an in-app confirmation as soon as we execute the event and allocate the shares to shareholders’ accounts.
Thank you for the swift response!
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Hi there, thanks for following up, but hasn’t this spin off event taken place already? The shares in the Veralto spin off aren’t showing in my account. Thanks
Welcome to the Community, @Colertron
We are yet to distribute the shares as we await to receive them from our intermediary. Once that happens, we will allocate them right away to all eligible shareholders 