When was IBM's last stock split? IBM's last stock split was a 2 for 1 split payable May 26, 1999. The record date for this stock split was May 10, 1999.

What happens to IBM stock after spinoff?

The distribution will be tax-free to IBM holders. Kyndryl will trade on the NYSE under the symbol KD. IBM said it expects to exchange its remaining 19.9% stake in Kyndryl for outstanding IBM debt in the 12 months following completion of the distribution.

Who is IBM owned by?

IBM primarily generates revenue today through its five segments: Cloud & Cognitive Software; Global Business Services; Global Technology Services; Systems; and Global Financing. The top shareholders of IBM are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.