Aimco Provides Additional Tax Information Related to 2020 Property Sales and Spin-Off
Apartment Investment and Management Company (AIV)
Last apartment investment and management company earnings: 1/30 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.aimco.com
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)--On September 14, 2020, Apartment Investment and Management Company (NYSE:AIV) (“Aimco”) announced the closing of a California joint venture and its plan to separate its business through a spin-off, into two, separate and distinct, publicly traded companies, Apartment Income REIT (“AIR”) and Aimco.As described below, these transactions have material tax consequences to taxable shareholders. These transactions are also expected to have material benefits to AIR and to taxable shareholders after the spin-off. Among these benefits, AIR is expected to have a refreshed tax basis that reduces tax costs of future property sales and so enhances portfolio management. AIR’s refreshed tax basis makes future cash dividends more likely to be taxed as return of capital or capital gains, increasing their after-tax value for taxable investors. Also, we expect each shareholder’s retained basis will be allocated to their Aimco shares, creating the opportunity for an offsettin
Show less
Read more
Impact Snapshot
Event Time:
AIV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AIV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AIV alerts
High impacting Apartment Investment and Management Company news events
Weekly update
A roundup of the hottest topics
AIV
News
- Aimco Reports First Quarter Results and Provides Highlights on Recent ActivitiesPR Newswire
- Aimco Announces First Quarter 2024 Earnings DatePR Newswire
- Apartment Investment and Management (NYSE: AIV) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Apartment Investment & Management Co (AIV) Reports Mixed Results Amidst Strategic Shifts [Yahoo! Finance]Yahoo! Finance
- Aimco Reports Fourth Quarter Results, Establishes 2024 Guidance, and Provides Highlights on Recent and Planned ActivitiesBusiness Wire
AIV
Sec Filings
- 2/29/24 - Form 8-K
- 2/14/24 - Form SC
- 2/14/24 - Form SC
- AIV's page on the SEC website