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Merrimack Pharmaceuticals, Inc. (MACK) Message Board

kennethmorris85 1 post  |  Last Activity: May 6, 2014 11:14 AM Member since: Sep 7, 2012
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    by fitzman96 Apr 1, 2014 1:36 PM
    kennethmorris85 kennethmorris85 May 6, 2014 11:14 AM Flag

    What happens depends on your dividend payment election. If you do not automatically reinvest he dividend, you will be paid in cash. If you want the dividends reinvested, the issue RDSA shares in lieu of cash. The tax consequences in the US are the same either way, leaving you only with a sales commission if you take in cash and purchase new RDSB shares.

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