I currently participate in Sovran's dividend reinvestment plan. I received a letter in the mail that it has been frozen. The dividend will be mailed to me. Am I still able to buy stock through American Stock Transfer & Trust Company? Any reply would be very helpful. Thank you!
It doesn't look like it as they suspended my auto-debit. I wish they had explained the logic but I presume they will start it again at some point, I'm guessing when the price recovers further.
I think it was a regulatory matter.AST's # is 1-877-248-6417.