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FAQ
  • March 28, 1850
  • American Express began operations as a joint stock association in March, 1850. It converted to a New York corporation on June 10, 1965.
  • May 18, 1977
  • The Company’s common stock is traded on the NYSE with the symbol AXP.
  • Stock Splits are as follows:

    May 10, 2000 3 for 1
    May 8, 1987 2 for 1
    August 10, 1983 3 for 2
    February 10, 1983 4 for 3
    April 25, 1972 3 for 1
    March 26, 1968 3 for 1

    In addition, the Company distributed on June 1, 1994 a stock dividend of the shares it held in Lehman Brothers on the basis of one share of Lehman common stock for each five shares owned of American Express.
  • The Lehman shares are deemed to have been distributed out of the American Express shares that you owned in May 1994. As a result, the cost basis of the Lehman shares derives from the cost basis of your American Express shares. Based on the relative market prices of the shares of the two companies on May 31, 1994, 11.75% of the cost basis of your American Express shares is attributable to the Lehman shares and the cost basis of your American Express shares is reduced by 11.75%. Thus, the new basis of your American Express shares is 88.25% of what it was originally. The dividend was distributed on May 31, 1994 to shareholders of record on May 20, 1994.
  • American Express no longer issues preferred securities. The 7.00% Cumulative Quarterly Income Preferred Securities, or "QUIPS", were called on July 16, 2003.
  • Dividend checks are mailed out by the Company's transfer agent, The Bank of New York. If you are a shareholder of record and have recently moved, you can call The Bank of New York directly at 1.800.463.5911. International direct dialers may call us at 1.212.815.3700. For the Hearing Impaired, the TDD Number is 1.888.269.5221. Alternately, you may complete a change of address form online through Bank of New York's website.
  • To enroll in the Company's dividend reinvestment program you must own at least 10 shares or purchase 10 shares through the Company's Shareholder Stock Purchase Plan. To obtain a prospectus and enrollment materials, you can call our transfer agent, The Bank of New York, toll-free at 1.800.463.5911.
  • No buy-back program for small shareholders is planned at this time. Small holders wishing to liquidate their holdings at a modest expense should consider either selling the shares through one of the low cost Internet brokerage services or, if one holds at least 10 shares, enrolling them in the Company's Shareholder's Stock Purchase Plan and then instructing the Plan Administrator, The Bank of New York, to sell the shares.
  • The Company maintains a record of the NYSE market prices for the Company's shares on each day going back to 1960. To find out the price of the Company's shares on a given date since 1960, contact:

    Secretary's Office
    American Express Company
    200 Vesey Street, 50th Floor
    New York, NY 10285
    ATTN: Share Price

    Or call 1.212.640.5714
  • To replace a lost American Express share certificate, you must contact the Company's transfer agent, The Bank of New York. You can reach them at:

    The Bank of New York
    Shareholder Services Department -12E
    P.O. Box 11258
    Church Street Station
    New York, NY 10286

    Telephone: 1.800.463.5911
    International: 1.212.815.3700
    TDD: 1.888.269.5221
  • To transfer ownership of your American Express certificated shares, you must contact the Company's transfer agent, The Bank of New York. You can reach them at:

    The Bank of New York
    Receive and Deliver Department -11W
    P.O. Box 11002
    Church Street Station
    New York, NY 10286

    Telephone: 1.800.463.5911
    International: 1.212.815.3700
    TDD: 1.888.269.5221

    Further information on transferring share ownership can be found at the Bank of New York's website.
  • Dividend checks are mailed out by the Company's transfer agent, The Bank of New York. To have a lost or stale dividend check reissued, please contact Mellon directly at 1.800.463.5911. International direct dialers may call at 1.212.815.3700. For the Hearing Impaired, the TDD number is 1.888.269.5221. Alternately, you may e-mail them at axpshareowners@bankofny.com.
  • 1099's are issued by the Company's transfer agent, The Bank of New York. To request a duplicate 1099, please contact The Bank of New York directly at 1.800.463.5911. International direct dialers may call 1.212.815.3700. For the Hearing Impaired, the TDD number is 1.888.269.5221. Alternately, you can submit a request online through the Bank of New York's website.
  • Individuals and institutions who owned American Express common shares at 5 PM EDT on September 19, 2005 (the "record date") were eligible to receive the dividend.
  • You will receive one share of Ameriprise common stock for every five shares of American Express stock you owned on the record date. For example, if you owned 1,000 shares of American Express stock you will receive 200 shares of Ameriprise stock.
  • The number of American Express shares that you own will not be affected by the distribution.
  • No. They will not need to take any action or make any payment to receive the distribution. Registered holders of American Express common stock who are entitled to receive the distribution will receive a book-entry account statement from the Bank of New York reflecting their ownership of Ameriprise common stock. Those who hold their shares through a broker, bank or other nominee will have their brokerage account credited with the Ameriprise common stock.
  • Ameriprise Financial, Inc. common stock will trade on the New York Stock Exchange under the symbol “AMP” beginning October 3, 2005.
  • American Express received a private letter ruling from the Internal Revenue Service and an opinion of counsel (which will not be binding on the Internal Revenue Service) to the effect that the distribution generally qualifies as a tax-free distribution for U.S. Federal income tax purposes. For more information on tax consequences, please refer to the letter containing tax information to be distributed to shareholders of record. You should consult your own tax advisor regarding the particular consequences of the distribution to you, including the applicability and effect of any U.S. Federal, state and local and foreign tax laws.
  • As a consequence of the distribution, you will need to allocate the tax basis in your American Express shares immediately before the distribution between your American Express shares and your newly-received Ameriprise shares (including any Ameriprise fractional share for which you receive cash). One possible measure of this, based on the relative market prices of the shares of the two companies immediately after the distribution, results in an allocation of the tax basis of your American Express shares as follows: 87.53% to your American Express shares and 12.47% to the Ameriprise shares you receive. For more information on how to determine and allocate your tax basis, please refer to the letter containing tax information to be distributed to shareholders of record.