Computershare
Investment Plan is available to current IBM stockholders in addition to
new investors in IBM common stock. The program is designed to provide
individuals with a simple and convenient method to purchase, hold and
sell IBM common stock by offering a variety of flexible services to aid
in managing your investment.
Key features of the Program include the following:
- All
IBM common stockholders of record, including those who hold IBM stock
certificates, are automatically eligible to participate in the
Computershare Investment Plan.
- New investors can become IBM stockholders with as little as USD 500.
- You
can build your investment over time by making additional purchases
periodically. The investment amount can be automatically deducted from
your bank account, or you can send it in by mail.
- You may choose
to receive any dividend payments electronically or by check or you may
have a portion or all of your dividends reinvested towards the purchase
of additional shares.
- All shares purchased through the Program
will be held for you in book entry form by the Program Administrator and
IBM stock certificates you are holding may be deposited with the
Program Administrator for safekeeping.
- You can sell any book entry shares being held for you through the Program.
- You can transfer shares or make gifts of IBM common stock.
The Computershare Investment Plan is sponsored and administered by Computershare, not by IBM. Contact Computershare (see contact information) with any questions you may have on the Program.
Shares
purchased through the Computershare Investment Plan will be held in
book entry form at Computershare. The book entry form of ownership
allows you to own shares without having physical stock certificates in
your possession. A periodic statement of account is provided reflecting
the number of book entry shares registered in your name and held by
Computershare.
The
benefits of book entry ownership are the elimination of problems
associated with paper certificates, such as storage and safety of
securities. Book entry shares also eliminate the requirement for
physical movement of stock certificates at the time of sale or transfer
of ownership.
The
Computershare Investment Plan provides investors with a convenient and
simple method of purchasing shares with minimal service fees. You will
be able to reinvest all or part of your dividends, and you will be able
to make additional voluntary cash purchases by check or by automatic
withdrawal from your bank account.