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0.44 shares
Shareholders in Dell will receive roughly 0.44 shares of VMware for each share of Dell they own.
Is Dell stock a buy 2020?
DELL is rated a “Strong Buy” in our POWR Ratings system, reflecting its prospects and recent market performance. It has grades of “A” for Trade Grade, Peer Grade, and Buy & Hold Grade. The stock is also ranked #1 in the 28-stock Technology – Hardware industry.
Is VMware a good stock to buy?
What is VMware worth? Good news, investors! VMware is still a bargain right now. My valuation model shows that the intrinsic value for the stock is $201.04, but it is currently trading at US$141 on the share market, meaning that there is still an opportunity to buy now.
Is Dell overvalued?
PB vs Industry: DELL is overvalued based on its PB Ratio (21.6x) compared to the US Tech industry average (2.8x).
Is it good to buy Dell stocks?
In a positive sign, Dell stock’s relative strength line is pushing higher as it outperforms the S&P 500 index. Dell stock has an IBD Relative Strength Rating of 85 out of 99. That means it has outperformed 85% of stocks over the past 12 months.
Is Dell in financial trouble?
In fiscal year 2021, Dell paid down $5.5 billion in core debt. As of February, Dell’s core debt stands at around $29 billion. Dell’s total debt principal balance – which includes $10.3 billion in Dell Financial Services related debt and a subsidiary debt of $4.8 billion — is $48.5 billion.
How much did Dell pay for VMware in 2015?
Dell acquired VMware as part of the massive $58 billion EMC acquisition (announced as $67 billion) in 2015. The way that the deal works is that Dell plans to offer VMware shareholders a special dividend of between $11.5 and $12 billion.
Who is the majority owner of VMware now?
In fact, Dell CEO Michael Dell and private equity partner Silver Lake Partners will retain a majority stake in VMware following its spin-off later this year. When Dell Technologies completes its spin-offs of VMware, Michael Dell is set to own approximately 41 percent of VMware, sources confirmed with CRN.
When does Dell spin off its ownership stake in VMware?
Dell Technologies to spin off its ownership stake in VMWare By Clare Duffy, CNN Business Updated 6:36 PM ET, Wed April 14, 2021 New York (CNN Business) After months-long negotiations, Dell Technologies announced Wednesday it plans to spin off its 81% ownership stake in VMWare.
Is the Dell stake in VMware tax free?
Last year, the Wall Street Journal reported that Dell was actively considering its options for the strategic stake, including a tax-free spinoff of VMware shares. Those options also included buying VMware outright or selling its 81% stake, which would have incurred a significant tax burden.