What changed
Altaba's Board approved a liquidating distribution of $0.36 per share, or $187,024,091 in the aggregate, payable November 13, 2026. The distribution follows IRS-approved reductions to the Agreed Security Amount totaling approximately $167 million during the second quarter of 2025, first quarter of 2026 and third quarter of 2026, plus approximately $44 million in additional authorized funds including interest payments, federal interest refunds and excess portfolio interest. The payment is a partial distribution of the Fund's remaining assets under its Plan of Complete Liquidation and Dissolution.
Why it matters
Altaba's Board approved a liquidating distribution of $0.36 per share, or $187,024,091 in the aggregate, payable November 13, 2026. The distribution follows IRS-approved reductions to the Agreed Secur