The US technology company IBM has transferred pension obligations worth six billion US dollars to the insurance giant Prudential. The transaction, which IBM announced on Wednesday in Armonk, will result in a one-time special charge of 2.7 billion US dollars before taxes in the third quarter.

It is important to emphasize that IBM's adjusted operating results for both the third quarter and the full year remain unaffected by this transaction. The company's free cash flow will also not be impacted, as IBM stated.

The step to reduce pension obligations could be part of a broader company strategy to optimize its balance sheets and minimize long-term financial risks. IBM stock remained stable following the announcement and rose by 0.83 percent in trading on the New York Stock Exchange, closing at $211.64.