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Stock Splits/Spin-offs




     Common Stock Splits/Spin-offs/Stock Dividends Since 1950

GM                 Link         Type              Amount
October 1950         –          stock split       2 shares for 1
September            –          stock split       3 shares for 1
1955
December                        stock dividend    1 share of GM Class E for each 20 of GM $1-2/3
1984           Tax Basis Info
                 (HTML)
December                        stock dividend    1 share of GM Class H for each 20 of GM $1-2/3
1985           Tax Basis Info
                 (HTML)
March 1989           –          stock split       2 shares for 1
December                      Hughes              0.06377 shares of Raytheon Class A (RTN/A) for each GM
                                           1
1997           Tax Basis Info Transactions        $1-2/3
                 (HTML)
May 1999                        Delphi spin-off   0.69893 shares of Delphi common stock (DPH) for each GM
                                                  $1-2/3
               Tax Basis Info
                 (HTML)
May 2000                      Hughes              1.065 shares of GM Class H for each GM $1-2/3
               Tax Basis Info Exchange
                  (PDF)
GM Class E         Link         Type              Amount
June 1985            –          stock split       2 shares for 1
March 1990           –          stock split       2 shares for 1
March 1992           –          stock split       2 shares for 1
                                EDS split-off2
June 1996            –                            1 share of EDS common stock (EDS) for 1 GM Class E
GM Class H         Link         Type              Amount
March 1988           –          stock split       2 shares for 1
December                      Hughes              0.5624 shares of Raytheon Class A (RTN/A) for each GM Class
                                           1
1997           Tax Basis Info Transactions        H
                 (HTML)
June 2000            –          stock split       3 shares for 1
December                      Hughes              As a result of the Hughes Transactions, GM's former Class H
                                           3
2003           Tax Basis Info Transactions        stockholders received 0.8232 shares of Hughes common stock
                                                  (HS) and 0.0921 News Corporation Preferred ADSs for each
                  (PDF)
                                                  share of GM Class H
1
Includes the spin-off and merger of Hughes Electronics' defense electronics unit with Raytheon Company, the transfer of Delco Electronics to
GM's Delphi Automotive, and the recapitalization of GM Class H common stock into a new class of GM common stock.

2
    GM Class E Common Stock was exchanged for EDS common stock in conjunction with the split-off of EDS completed on June 7, 1996.

3
 quot;Hughes Transactionsquot; On December 22, 2003, GM simultaneously (i) sold 19.8 percent of the Hughes common stock to the News
Corporation Ltd (quot;News Corpquot;) and (ii) exchanged all of the remaining 80.2 percent of the Hughes common stock it held for all of the
outstanding shares of GM Class H common stock. Immediately thereafter, the former holders of the GM Class H common stock exchanged
14.2 percent of the outstanding Hughes common stock for News Corp Preferred American Depositary Shares (quot;Preferred ADSsquot;).

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GM_Stock Information_Credit Rating

  • 1. Stock Splits/Spin-offs Common Stock Splits/Spin-offs/Stock Dividends Since 1950 GM Link Type Amount October 1950 – stock split 2 shares for 1 September – stock split 3 shares for 1 1955 December stock dividend 1 share of GM Class E for each 20 of GM $1-2/3 1984 Tax Basis Info (HTML) December stock dividend 1 share of GM Class H for each 20 of GM $1-2/3 1985 Tax Basis Info (HTML) March 1989 – stock split 2 shares for 1 December Hughes 0.06377 shares of Raytheon Class A (RTN/A) for each GM 1 1997 Tax Basis Info Transactions $1-2/3 (HTML) May 1999 Delphi spin-off 0.69893 shares of Delphi common stock (DPH) for each GM $1-2/3 Tax Basis Info (HTML) May 2000 Hughes 1.065 shares of GM Class H for each GM $1-2/3 Tax Basis Info Exchange (PDF) GM Class E Link Type Amount June 1985 – stock split 2 shares for 1 March 1990 – stock split 2 shares for 1 March 1992 – stock split 2 shares for 1 EDS split-off2 June 1996 – 1 share of EDS common stock (EDS) for 1 GM Class E GM Class H Link Type Amount March 1988 – stock split 2 shares for 1 December Hughes 0.5624 shares of Raytheon Class A (RTN/A) for each GM Class 1 1997 Tax Basis Info Transactions H (HTML) June 2000 – stock split 3 shares for 1 December Hughes As a result of the Hughes Transactions, GM's former Class H 3 2003 Tax Basis Info Transactions stockholders received 0.8232 shares of Hughes common stock (HS) and 0.0921 News Corporation Preferred ADSs for each (PDF) share of GM Class H
  • 2. 1 Includes the spin-off and merger of Hughes Electronics' defense electronics unit with Raytheon Company, the transfer of Delco Electronics to GM's Delphi Automotive, and the recapitalization of GM Class H common stock into a new class of GM common stock. 2 GM Class E Common Stock was exchanged for EDS common stock in conjunction with the split-off of EDS completed on June 7, 1996. 3 quot;Hughes Transactionsquot; On December 22, 2003, GM simultaneously (i) sold 19.8 percent of the Hughes common stock to the News Corporation Ltd (quot;News Corpquot;) and (ii) exchanged all of the remaining 80.2 percent of the Hughes common stock it held for all of the outstanding shares of GM Class H common stock. Immediately thereafter, the former holders of the GM Class H common stock exchanged 14.2 percent of the outstanding Hughes common stock for News Corp Preferred American Depositary Shares (quot;Preferred ADSsquot;).