We want to notify you about Merck & Co Inc’s spin-off scheduled for 03/06/2021. It will result in the establishment of Organon & Co as a new legal entity. This corporate event will impact the physical stock since it is solely available for trading on JFD’s platforms.
JFD will not offer the quoting and trading of Organon & Co’s shares. Hence, all clients who will be holding open positions on Merck & Co Inc’s stocks at market close on 02/06/2021 will receive the monetary equivalent at the ratio of 0,1:1 for the relevant number of Organon & Co’s shares to their live trading accounts according to the size of their open positions.
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