In 2019 Micro Focus issued a Return of Value of about $4.31 per share prior to a reverse split. Different investment companies are treating it differently on 1099-DIV: qualified dividend; ordinary but not qualified dividends; or nondividend distribution. Any suggestions on proper reporting? Thank you.
Return of Value Circular: https://investors.microfocus.com/investors-media/shareholder-information/shareholder-downloads/#
