Investor Alert

Feb. 25, 2021, 4:29 p.m. EST

Systemax Announces Tax Information for 2020 Distributions

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

February 25, 2021 (ACCESSWIRE via COMTEX) -- PORT WASHINGTON, NY / ACCESSWIRE / February 25, 2021 / Systemax Inc. today announced the federal income tax treatment of its 2020 distributions to holders of its common stock.

Systemax Inc. Common Stock: Symbol - SYX, REG CUSIP 871851101

  1. Nondividend distributions represent a Return of Capital and basis adjustment for the common shareholder. The December 28, 2020 distribution was 9.1% Ordinary Dividend and 90.9% Nondividend Distribution.

This information is being provided to assist shareholders with tax reporting related to distributions made by the Company. Additional information is also available on the Company's website under the caption Stock Information within its investor relations section. Taxability of 2020 distributions is not necessarily indicative of taxability of future distributions. The tax information provided herein should not be construed as tax advice and shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of the Company's distributions.

About Systemax Inc.

Systemax Inc. ( www.systemax.com ), through its operating subsidiaries, is a provider of industrial products in North America going to market through a system of branded e-Commerce websites and relationship marketers. The primary brand is Global Industrial.

Investor/Media Contacts:

Mike Smargiassi
The Plunkett Group

SOURCE: Systemax


Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright 2021 ACCESSWIRE

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.