By RTT News, November 28, 2014, 09:25:00 AM EDT <\/p>\n
(RTTNews.com) - B\/E Aerospace, Inc. ( BEAV ) said that in connection with its previously announced spin-off of KLX Inc., NASDAQ has informed the company about certain key dates relating to trading in common stock of KLX and B\/E Aerospace in connection with the spin-off. <\/p>\n
As previously announced, the record date for the distribution of KLX common stock to B\/E Aerospace shareholders will be the close of business on Friday, December 5, 2014, and the distribution date will be December 16, 2014. <\/p>\n
Starting on December 3, 2014, there will be a when-issued market in KLX common stock under the ticker symbol \"KLXIV.\" This when-issued market will continue until regular-way trading in KLX common stock begins under the ticker symbol \"KLXI\" on December 17, 2014, the first trading day after the distribution date, the company said. <\/p>\n
Also starting on Wednesday, December 3, 2014, there will be two markets in B\/E Aerospace common stock: a \"regular-way\" market and an \"ex-distribution\" market. <\/p>\n
Under the Regular way market, shares of B\/E Aerospace common stock that trade on the regular-way market under B\/E Aerospace's current ticker symbol \"BEAV\" will trade with an entitlement to shares of KLX common stock distributed in the distribution through December 16, 2014 and shares that trade on the ex-distribution market will trade under the ticker symbol \"BEAVV\" without an entitlement to shares of KLX common stock distributed in the distribution, according to the company. <\/p>\n
The last day of trading in the ex-distribution market will be December 16, 2014. <\/p>\n
For comments and feedback: contact editorial@rttnews.com<\/a> <\/p>\n http:\/\/www.rttnews.com<\/a> <\/p>\n <\/p>\n More here:<\/p>\n B\/E Aerospace, Inc. Reports Spin-off Trading Information - Quick Facts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" By RTT News, November 28, 2014, 09:25:00 AM EDT (RTTNews.com) - B\/E Aerospace, Inc. Continue reading