Investor FAQs

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American Stock Transfer & Trust Co., LLC
6201 15th Avenue
Brooklyn, New York 11219
(800) 937-5449

DNOW does not publish an Annual Report.  All other SEC documents can be downloaded from the SEC or the link on the DNOW Investor Relations site.  Please see the following links.

Link to SEC:  DNOW Inc. SEC Filings
Link to: DNOW IR Site SEC Filings

For more information on DNOW please visit

The spin-off date was May 30, 2014, with regular way trading of stock beginning June 2, 2014.

A spin-off is the development of an independent company through the sale or distribution of new shares of an existing business/division of a parent company. Now that the spin-off has occurred, DNOW Inc. is its own publicly traded company, with its own management, board of directors and trading symbol.

Yes. Each NOV shareholder received 1 share of DNOW stock for every 4 shares of NOV stock that he/she owned outright.

No. NOV does not own any of the common stock of DNOW Inc. DNOW is now publicly owned by its shareholders, just as NOV is. Each company is an independent, publicly traded company with its own management team and Board of Directors.

The cost basis allocation document can be found at  On their menu click “investor” and then click on the subject “Shareholder Information”. The page(s) provides information related to the cost basis allocation and tax implications for shares received through the spinoff of NOW Inc. in Q2’12 at the link “Important U.S.A. Federal Income Tax Information Concerning The Now Inc. Stock Distribution.”. You may also review FAQ questions 8 and 9.

No, if you owned shares of NOV common stock on the record date of May 22, 2014 and sold those shares on the regular way market on or before the distribution date of May 30, 2014, you also sold the shares of NOW Inc. common stock that would have been distributed to you in the distribution. In this case, you (the seller) were not entitled to receive shares of NOW Inc. common stock in the distribution – the purchaser of your shares of NOV common stock would have been entitled to receive shares of NOW Inc. common stock in the distribution.