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DTCC wali w #!$%@?.

https://www.reddit.com/r/Superstonk/comments/wdhh8h/german_broker_comdirect_says_that_the_dtcc_told/

„The stock split in this class is correct and there will be no cancellation or need for cancellation. The rumors circulating in the market that this capital measure is a stock dividend are false.“

Then, after being confronted with the official announcement of the stock dividend on GameStops investor relations page, the support guy answered that he talked to Comdirects depository (Clearstream) and asked them several times wether the event with GameStop stock is to be treated as a Stock Split or as a stock dividend. He states that he was told by Clearstream, that the DTCC told them that what is happening is a regular stock split, not a stock dividend. Wtf is happening? No clue. Here is the text and a translation:

„Hello all, we have already checked with the depository on the publication date and most recently again today, as the classification of the corporate action was unclear. Especially because the company's announcement talks about both Split and Dividend Stock.

Answer from the depository:
"The event has been checked again with DTCC (Depository Trust and Clearing Corporation ) and is still listed here as a stock split."

So the current status on this corporate action is treatment as a stock split and there will be no cancellation contrary to our previous statement. Greetings“

#gme
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@Blackhorn: DTCC się nie zna. Dostaliśmy dodatkowe akcje! Dzieląc wartość jednej posiadanej przez 4 :D Toż to dywidenda jak #!$%@?.

- Panie Areczku, tu ma pan dywidende
- O dziękuje to miłe.
- A teraz proszę posiedzieć dodatkowe bezpłatne 20 godzin w tym tygodniu, żeby na nią zapracować.

Taka wasza dywidenda.
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