Encompass Health's spin-off of Enhabit effective; distribution ratio 1:2, record June 24, distribution July 1

Encompass Health Corp

Form 10 for Enhabit, Inc. became effective June 17, 2022; final information statement issued June 21.
Distribution: 1 share of Enhabit common stock for every 2 shares of Encompass common stock held as of June 24.
Distribution expected to occur at 12:01 a.m. ET on July 1, 2022, subject to conditions.
Enhabit common stock to trade when-issued (EHAB WI) from June 23 to June 30; regular-way (EHAB) begins July 1.
Encompass common stock to trade regular-way (EHC) and ex-distribution (EHC WI) during June 23-30.

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