other material
confidence high
sentiment neutral
materiality 0.75
Encompass Health completes spin-off of home health/hospice business into Enhabit
Encompass Health Corp
- Distribution effective July 1, 2022; one Enhabit share for every two EHC shares held on June 24, 2022.
- Enhabit is now an independent public company trading on NYSE under symbol 'EHAB'.
- Encompass Health entered into Separation, Transition Services, Tax Matters, and Employee Matters agreements.
- Pro forma financials reflect Enhabit as discontinued operations for all periods presented.
- No fractional shares distributed; cash in lieu of fractions will be paid.