Fractional shares at split.
[ Q2 00 - Q2 01 Archive ]
[ Current Message Board ]
[ Archives ]
[ Search ]
Posted by John on October 10, 2000 at 11:25:48:
I read you August post on entering a sell of fractional shares paid in cash by brokerage at split. In my case the split was 4 for 3. FM properly recorded that I had 11 shares to start but now had 14.667. When I enter the sell of .667 shares in FM along with the funds paid me by the brokerage - $38.66 FM adjusts the price to balance my two entries. BUT. FM then shows that I now own 13.777 shares of the stock instead of 14. What is happening? Thanks.
Replies:
|