other material
confidence high
sentiment neutral
materiality 0.35
Agenus declares stock dividend of MiNK shares at 0.0146 per share; payable May 1
AGENUS INC
- Dividend of 5,000,000 MiNK shares distributed May 1, 2023, to AGEN holders of record Apr 17, 2023.
- Ratio: 0.0146 MiNK shares per AGEN share; cash in lieu of fractional shares at $2.21 per share.
- Dividend may be taxable as ordinary income to extent of earnings; backup withholding applies to non-corporate holders.
- Non-U.S. holders subject to 30% withholding unless reduced rate via W-8 forms; corporate holders may claim dividends-received deduction.