Sunoco, Inc. (SUN) Completes 56.66 Million Share Distribution of SunCoke (SXC) Spin-off
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Sunoco, Inc. (NYSE: SUN) completed the distribution to its shareholders of 56,660,000 shares of common stock of SunCoke Energy, Inc. (NYSE: SXC) owned by Sunoco. After the completion of the distribution, Sunoco no longer owns any common stock of SunCoke.
The distribution by Sunoco was made today, in the form of a pro rata common stock dividend, of its equity interest in SunCoke to all Sunoco shareholders of record on January 5, 2012. Sunoco shareholders will receive 0.53046456 of a share of SunCoke common stock, in book-entry form, for every share of Sunoco common stock held as of the close of business on January 5, 2012.
The distribution by Sunoco was made today, in the form of a pro rata common stock dividend, of its equity interest in SunCoke to all Sunoco shareholders of record on January 5, 2012. Sunoco shareholders will receive 0.53046456 of a share of SunCoke common stock, in book-entry form, for every share of Sunoco common stock held as of the close of business on January 5, 2012.
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