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BRIEF-IBM - Expects To Recognize A One-Time Non-Cash Pre-Tax Pension Settlement Charge Of About $5.9 Bln In Q3

BRIEF-IBM - Expects To Recognize A One-Time Non-Cash Pre-Tax Pension Settlement Charge Of About $5.9 Bln In Q3

Reuters · 09/13/2022 16:26
BRIEF-IBM - Expects To Recognize A One-Time Non-Cash Pre-Tax Pension Settlement Charge Of About $5.9 Bln In Q3

- International Business Machines Corp IBM.N:

  • IBM - EXPECTS TO RECOGNIZE A ONE-TIME NON-CASH PRE-TAX PENSION SETTLEMENT CHARGE OF APPROXIMATELY $5.9 BILLION ($4.4 BILLION NET OF TAX) IN Q3

  • IBM - CHARGE WILL NOT IMPACT COMPANY'S Q3 OR FULL YEAR 2022 OPERATING (NON-GAAP) PROFIT OR FREE CASH FLOW

Further company coverage: IBM.N


((Reuters.Briefs@thomsonreuters.com;))