Recording a Reverse Split
John Ralls
jralls at ceridwen.us
Thu Jun 4 09:52:28 EDT 2015
> On Jun 4, 2015, at 3:39 AM, Robin Chattopadhyay <robinraymn at gmail.com> wrote:
>
> Follow the same procedure as a regular split, except that the ratio is a
> fraction less than 1. For example, a 1-for-2 reverse split is 0.5, or a
> 1-for-5 reverse split is 0.2.
Just use a negative number for the shares in the Stock Split Assistant. For example, if you have 5000 shares of XYZ and they do a 1-for-5 reverse split, tell the Assistant that the split is for -4000 shares.
Regards,
John Ralls
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