BHP Group merged its petroleum based business with Woodside Energy and distributed Woodside shares as a taxable dividend. Both companies are based in Australia adding a bit more complexity to this transaction.
The attached PDF file gives detailed instructions to enter this merger in their myICLUB accounting records for holders of BHP American Depository Shares since it is unlikely US investment clubs hold shares traded on the Australian exchange.
BHP-WDS merger as dividend-ADS.pdf (82kb) downloaded 3 time(s).
Russell Malley