reverse split

raz7's Avatar

raz7

09 Aug, 2021 02:03 AM

How is a reverse split handled in the investment account?

  1. 1 Posted by dwg on 09 Aug, 2021 03:53 AM

    dwg's Avatar

    I'm a fellow user.

    It is handled the same way as a stock split, it is the ratio that determines it it is a split or a consolidation.

    Hence if you have a split where you say receive 2 shares for 1, you enter a Split ratio of "2 for 1".

    if is is a consolidation where you say receive 1 share for ever 2 you own you would enter a split ratio of "1 for 2".

  2. Maddy closed this discussion on 09 Aug, 2021 12:55 PM.

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