Aetna FAQs

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Please click here for answers to frequently asked questions about the exchange of your Coventry stock for the merger consideration.

Click here for supplemental tax reporting information on the merger consideration Coventry Stockholders received for their Coventry Stock.

The history of Aetna goes back to the early 1850's, however, Aetna Inc. (AET) began trading on December 14, 2000. The opening price on December 14, 2000 was $8.5313 and the closing price was $8.6094 (prices adjusted for the 2005 and 2006 stock splits).

The history of Aetna goes back to the early 1850's, however, Aetna Inc. (AET) was incorporated in Pennsylvania on December 20, 1982.

Please click here to refer to the Frequently Asked Questions Regarding Receipt of the Cash Consideration and Shares of the New Health Care Company document for information regarding the spin off of Aetna Inc.'s domestic health care businesses to its shareholders and sale of its financial services and international businesses to ING America Insurance Holdings, Inc. Click here to view Computershare's letter to Aetna shareholders regarding 1099B tax forms.

Click here for prices since December 13, 2000. Data and information is provided for informational purposes only, and is not intended for trading purposes. Aetna Inc. shall not be liable for any errors in the content, or for any actions taken in reliance thereon.

Click here for price information on the "former" Aetna stock. Data and information is provided for informational purposes only, and is not intended for trading purposes. Aetna Inc. shall not be liable for any errors in the content, or for any actions taken in reliance thereon.

* Prior to December 13, 2000, Aetna Inc. (a Pennsylvania corporation) and its wholly owned subsidiaries (collectively, the "Company"), was a subsidiary of a Connecticut corporation named Aetna Inc. ("former Aetna"). On December 13, 2000, former Aetna spun off shares of the Company to shareholders (of former Aetna). Simultaneously, former Aetna, which was then comprised of former Aetna's financial services and international businesses, was merged with a newly formed subsidiary of ING Groep N.V. ("ING").

In a two-for-one stock split, effected as a stock dividend, the shareholder receives one additional share for each share he or she owns.

They are effectively the same. In both cases, shareholders will own twice as many shares.

After a two-for-one stock split, shareholders receive an additional share for every share they currently own and will therefore have twice as many shares after the split as before the split. Accordingly, the price of each share will be roughly half the previous price, though the total value of the holdings immediately after the split will be the same as before the split. For example, a shareholder who owns 100 Common Shares of Aetna at a market price of $95 as of the Record Date has a total value of $9,500. After the split, this shareholder will own 200 shares valued at approximately $47.50 per share for a total investment value of $9,500. The shareholder's investment value remains the same until the stock price moves up or down.

February 7, 2006

February 17, 2006

On February 21, 2006, also known as the "Ex"-Date.

For each Aetna Common Share held of record at the close of business on February 7, 2006, you will receive one additional share of Aetna stock. Since the stock split shares are being issued to registered shareholders in book-entry form rather than in the form of a stock certificate, holders of record will not receive a new stock certificate representing the additional stock split shares.

We have been advised by counsel that, under present federal income tax laws, your receipt of shares issued under this distribution is not taxable as income to you. However, if you sell any shares, this distribution must be considered in figuring the tax basis of your shares to determine your gain or loss for federal income tax purposes. For example, if prior to the dividend you own 100 shares with a basis of $50 per share, half of the basis in each of those shares would be allocated to the corresponding new share, resulting in a basis of $25 per share for each of the 200 shares owned after the split. For tax purposes, the holding period of the new shares is the same as for the old shares on which they were issued.

Under existing U.S. laws and regulations, the new shares issued will have a basis equal to one-half the adjusted cost or other basis of the shares on which they were distributed. The basis for computing gain or loss concerning the balance of your stock is reduced to one-half of its former basis. For tax purposes, the holding period for the new shares is the same as for the old shares on which they were issued. Although this tax information is provided for your assistance, we are not providing personal tax advice. You should consult your personal tax advisor regarding the tax consequences of any transaction you undertake with these shares.

Consult your Personal Tax Advisor: The information contained on the Aetna website does not constitute tax advice. It does not purport to be complete or to describe the consequences that may apply to particular categories of shareholders. You should consult your own tax advisor regarding the calculation of your tax basis and the tax consequences of any distribution.

February 25, 2005

March 11, 2005

On March 14, 2005, also known as the "Ex"-Date.

For each Aetna Common Share held of record at the close of business on February 25, 2005, you received one additional share of Aetna stock. Since the stock split shares were issued to registered shareholders in book-entry form rather than in the form of a stock certificate, holders of record did not receive a new stock certificate representing the additional stock split shares.

This means that your shares were credited to an account registered in your name on the books of Aetna, which are maintained by Aetna's transfer agent, Computershare Trust Company, N.A., rather than sent to you in physical stock certificate form. On or about March 11, 2005, Aetna's transfer agent sent to registered holders a personalized Stock Distribution Statement about their new book-entry shares including any shares held in the DirectSERVICE Investment Program.

We have been advised by counsel that, under present federal income tax laws, your receipt of shares issued under this distribution is not taxable as income to you. However, if you sell any shares, this distribution must be considered in figuring the tax basis of your shares to determine your gain or loss for federal income tax purposes. For example, if prior to the dividend you own 100 shares with a basis of $50 per share, half of the basis in each of those shares would be allocated to the corresponding new share, resulting in a basis of $25 per share for each of the 200 shares owned after the split. For tax purposes, the holding period of the new shares is the same as for the old shares on which they were issued.

Under existing U.S. laws and regulations, the new shares issued will have a basis equal to one-half the adjusted cost or other basis of the shares on which they were distributed. The basis for computing gain or loss concerning the balance of your stock is reduced to one-half of its former basis. For tax purposes, the holding period for the new shares is the same as for the old shares on which they were issued. Although this tax information is provided for your assistance, we are not providing personal tax advice. You should consult your personal tax advisor regarding the tax consequences of any transaction you undertake with these shares.

Consult your Personal Tax Advisor: The information contained on the Aetna Web site does not constitute tax advice. It does not purport to be complete or to describe the consequences that may apply to particular categories of shareholders. You should consult your own tax advisor regarding the calculation of your tax basis and the tax consequences of any distribution.

Click here to view the current and historical dividend rate.