Brief: Illumina Board Of Directors Approves Spin-Off Of Grail

Illumina

03/06/2024 22:34

June 3 (Reuters) - Illumina Inc  ILMN.O :
    * ILLUMINA BOARD OF DIRECTORS APPROVES SPIN-OFF OF GRAIL;
DECLARES
SPIN-OFF DIVIDEND OF GRAIL SHARES
    * ILLUMINA INC - DISTRIBUTION DATE FOR GRAIL SHARES
ANTICIPATED TO
BE JUNE 24, 2024
    * ILLUMINA INC - RECORD DATE FOR DISTRIBUTION OF GRAIL
SHARES WILL
BE JUNE 13, 2024
    * ILLUMINA INC - ILLUMINA'S BOARD OF DIRECTORS HAS DECLARED
A PRO
RATA DIVIDEND OF 85.5% OF OUTSTANDING COMMON STOCK OF GRAIL TO
ILLUMINA'S SHAREHOLDERS
    * ILLUMINA INC - ILLUMINA WILL RETAIN 14.5% OF OUTSTANDING
SHARES
OF GRAIL COMMON STOCK
    * ILLUMINA INC - GRAIL IS ANTICIPATED TO SPIN OFF FROM
ILLUMINA ON
JUNE 24, 2024, AND HAS APPLIED TO LIST ON NASDAQ AS "GRAL."
    * ILLUMINA- CO'S SHARES THAT TRADE IN "EX-DISTRIBUTION"
MARKET
UNDER SYMBOL "ILMN WI" WILL TRADE WITHOUT AN ENTITLEMENT TO
SHARES OF GRAIL COMMON STOCK

Source text for Eikon:  ID:nPn61CCLba 
Further company coverage:  ILMN.O 

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