Investor Services

CORPORATE ACTIONS & REORGANIZATIONS

AST's team of in-house specialists are ready to help you manage all of your corporate action services. AST is recognized as an industry leader, utilizing our proprietary processing technology which provides a unique efficiency unmatched in the industry, thereby reducing the time your shareholders wait for their proceeds. AST executes more than 500 transactions annually, including:

  • Mergers and Acquisitions
  • Divestitures (Class-Action Settlements, Bankruptcy Distributions)
  • Dutch Auctions
  • Equity Restructure (Cash-for-Stock, Hybrids and Prorations)
  • Odd Lots (Small Shareowner Programs)
  • Redemptions
  • Subscriptions
  • Tender Offers

Our approach is to provide price certainty through the simplicity of the Agreement and an in-house legal team that can address any concerns expeditiously. Our services include:

  • In-house specialists to partner with you in document preparation and review
  • Management of the printing and mailing of event materials
  • Preparing the database for transaction processing
  • The receipt and processing of transactions using our proprietary systems

Exchange Agent Services

AST has acted as Exchange Agent for hundreds of acquisitions. The surrender of shares of the acquired company and the issuance of shares of the acquiring company, with or without an associated cash payment, is accomplished automatically. Years after the initial exchange, we are able to accurately compute the number of shares to be issued (accounting for stock dividends, splits, etc.) as well as any cash dividends that have accumulated on the unexchanged shares.

Tender Agent Services

On behalf of publicly-traded or privately-held companies undergoing acquisition or leveraged buyout, we can assist you in a wide variety of business situations, such as financial reorganization, debt restructuring, emergence from bankruptcy and plan implementation. Our entire process is automated and we will continue to act in that capacity until all shares have been tendered. We do not leave the problem of untendered shares with our clients and remain engaged throughout the process. AST provides:

  • Structure and processing of required documentation
  • Solicitation of consents, exchanges of debt or equity or distribution of new instruments
  • Investment management on a straight-line or laddered basis
  • Skilled professionals supported by advanced technology

Escrow Agent

AST offers complete escrow administration and investment management services. Our mission is to provide premier quality service, and that requires the commitment, knowledge and expertise to understand and administer every detail of your transaction at the highest level.

AST acts as a qualified but neutral third party providing independent control over valued assets pending fulfillment of contractual obligations between two parties. We have the expertise to establish escrow accounts that will meet your specific needs.

You can take advantage of AST corporate action services even if you use another transfer agent. Whether our clients are the acquirer or acquire, or just looking for a neutral party, AST can assist with the event.