Jacobs sets Sept 23 record date, Sept 27 distribution for spin-off merger with Amentum

JACOBS SOLUTIONS INC.

Record date for spin-off distribution: Sept 23, 2024. Shareholders receive one share of Amentum (AMTM) per Jacobs share.
Distribution and merger close Sept 27, 2024; when-issued trading for AMTM starts Sept 24 under 'AMTM WI', regular-way trading begins Sept 30 under 'AMTM'.
Post-closing ownership: Jacobs shareholders 51%, Jacobs 7.5%, Amentum equityholder 37%; 4.5% contingent consideration in escrow based on FY2024 profit targets.
Jacobs intends to dispose of its 7.5% stake in Amentum within 12 months of distribution.

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