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AI English summary of an SEC filing — figures as filed

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The company said its board approved on April 30, 2025 a distribution of about 7,299,065 shares of Amentum Holdings, Inc. common stock to shareholders as a special dividend. These shares represent about 3% of Amentum's total common stock outstanding as of May 2, 2025, and after the distribution the company will not own any Amentum common stock.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary

  1. The company said its board approved on April 30, 2025 a distribution of about 7,299,065 shares of Amentum Holdings, Inc. common stock to shareholders as a special dividend. These shares represent about 3% of Amentum's total common stock outstanding as of May 2, 2025, and after the distribution the company will not own any Amentum common stock.

  2. Jacobs said holders of record as of May 16, 2025 will receive 0.060835 share of Amentum common stock (or cash in lieu of fractional shares) for each share of Jacobs common stock, with the distribution made on May 30, 2025. The ratio is 7,299,065 shares divided by 119,981,839 Jacobs shares outstanding as of the record date.

  3. The company said that on September 27, 2024, 10,948,598 shares of Amentum common stock were placed in escrow during the Reverse Morris Trust transaction. After the final determination of the post-closing adjustments to the merger consideration on April 7, 2025, Jacobs received 7,299,065 shares and Amentum Equityholder received 2,433,022 shares.

  4. The company said that on March 13, 2025, Jacobs Engineering Group Inc. (JEG) exchanged 19,464,174 shares of Amentum common stock, all of the Amentum shares then owned by Jacobs and JEG and about 8% of the outstanding Amentum shares, for about £240 million in aggregate principal amount of JEG term loans.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Special Dividend Distribution of 7,299,065 Amentum Common Shares

The company said its board approved on April 30, 2025 a distribution of about 7,299,065 shares of Amentum Holdings, Inc. common stock to shareholders as a special dividend. These shares represent about 3% of Amentum's total common stock outstanding as of May 2, 2025, and after the distribution the company will not own any Amentum common stock.

Source · Based on the filing body and exhibits

Record Date May 16, 2025, Distribution Date May 30, 0.060835 Share per Jacobs Share

Jacobs said holders of record as of May 16, 2025 will receive 0.060835 share of Amentum common stock (or cash in lieu of fractional shares) for each share of Jacobs common stock, with the distribution made on May 30, 2025. The ratio is 7,299,065 shares divided by 119,981,839 Jacobs shares outstanding as of the record date.

Source · Based on the filing body and exhibits

Origin of Amentum Shares Held in Escrow

The company said that on September 27, 2024, 10,948,598 shares of Amentum common stock were placed in escrow during the Reverse Morris Trust transaction. After the final determination of the post-closing adjustments to the merger consideration on April 7, 2025, Jacobs received 7,299,065 shares and Amentum Equityholder received 2,433,022 shares.

Source · Based on the filing body and exhibits

Exchange of Amentum Shares Held by JEG for JEG Term Loans

The company said that on March 13, 2025, Jacobs Engineering Group Inc. (JEG) exchanged 19,464,174 shares of Amentum common stock, all of the Amentum shares then owned by Jacobs and JEG and about 8% of the outstanding Amentum shares, for about £240 million in aggregate principal amount of JEG term loans.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗
Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.