How will the shares be divided up. I only have 100 shares.Will I get 50 of one and 50 of the other or will it be an 8 for 1 like MOT. Any help or thoughts would be appreciated. Thanks
You will keep the 100 shares of MRO and get 50 shares of the newly formed company.
Is there any time frame as to when the split will take place?I own some calls that might expire after the split. Should I sell to close those calls before the split?
It will be one share of MPC for every two shares of MRO.Cash for any fractional shares.