Key features of the program include:
- All IBM common stockholders of record, including those who hold IBM stock certificates, are automatically eligible to participate in the Investor Services Program.
- New investors can become IBM stockholders with as little as $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 by mail.
- You may choose to receive any dividend payments electronically, by check or you may have a portion or all of your dividends reinvested towards the purchase of additional shares.
- The Program Administrator will hold all shares purchased through the program for you in book entry form. IBM stock certificates currently held by you 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.