BREAKING DOWN 'In Specie' The types of assets exchanged in...

BREAKING DOWN 'In Specie'

The types of assets exchanged in transactions can vary widely and act as substitutes for cash. Either physical assets or financial assets can replace cash with in specie transactions. Companies or individuals can distribute land, equipment or even inventory in lieu of cash for capital returns. Alternatively, financial assets such as stocks, bonds, warrants or other securities can be distributed instead of cash to shareholders in a capital return program. An example of an in specie distribution is a stock dividend, which can be distributed to investors when cash is in short supply. It is common to see an in specie distribution made in the form of fractional shares such as 0.5 shares for each share held

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This is at the very least a grey area within the transaction with Blackrock.
In the report, there is a column for:
Nature of change (6) / Consideration given in relation to change (7)
n/a or (no explanation) is given for the consideration

In your experience, is this typical within these types of reports?

Thanks, JaxBeach