Labcorp Holdings (LH) - Stock exchanged in name change - how to record? (edit)

Jerry2

Windows Quicken Deluxe desktop.

On 5/27/2024, LABORATORY CORP AMER HLDGS NEW shares were exchanged for LABORATORY CP AMER HLDGS NEW. One to one exchange.

How is this recorded in Quicken? After the download from the broker, Quicken created 2 placeholders, one for the missing shares and one for the new shares. Should I record this as a corporate name change and delete the placeholders, or some other way?

Thank you.

Tom Young

This came from the New York Stock Exchange:

___________________________________________________________

NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED
SECURITIES

The New York Stock Exchange hereby notifies the SEC of its intention to
remove the entire class of the stated securities from listing and
registration on the Exchange at the opening of business on May 31, 2024,
pursuant to the provisions of Rule 12d2-2 (a).

[ X ] 17 CFR 240.12d2-2(a)(3) That on May 17, 2024 the instruments
representing the securities comprising the entire class of this security
came to evidence, by operation of law or otherwise, other securities in
substitution therefore and represent no other right except, if such be
the fact, the right to receive an immediate cash payment.

Pursuant to the formation of a holding company which became effective on
May 17, 2024, each share of Common Stock of Laboratory Corporation of
America Holdings (Old) was deemed to represent one (1) share of
Laboratory Corporation of America Holdings
(New) Common Stock on a share for share basis.

This form is only for the removal from listing on the Exchange of the
Common Stock of Laboratory Corporation of America Holdings (Old) and not
a termination of the registration of the Common Stock of Laboratory
Corporation of America Holdings (New) under Section 12(b) of the
Exchange Act.

The Exchange also notifies the Securities and Exchange Commission that
as a result of the above indicated conditions Laboratory Corporation of
America Holdings (Old) was suspended from trading before market open on
May 20, 2024.

___________________________________________________________

It does seem to be nothing more than a name change, but I'm not entirely sure. I can't find any indication that the CUSIP has changed.