PortTrak 2.0 - Dealing with Data, Splitting Shares

When you encounter a share split, two things happen. PortTrak takes care of both automatically for you when you choose the "Split Stock" option from the PortTrak menu's Portfolio selection.

The first is that you will own a different number of shares. This will affect the cost basis per share in this investment

The second thing that happens is that the share price is changed to reflect the change in shares outstanding.

For example, if you owned 100 shares of XYZ, which you had purchased for $5,000 and currently trades for $76 per share, and those shares split 2 for 1…

You would now have 200 shares of XYZ, for which you still paid $5,000 (now only $25 per share), and they would trade at $38 per share. No value is either gained or lost in a stock split.

Back to Dealing With Data

<% end if end function %>   home  | news  | specials  | strategies  | personal finance  | school  | help  

<% if request.querystring("source") = "yhoolnk" then referer = Request.ServerVariables("HTTP_REFERER") if referer = "" then referer = "http://finance.yahoo.com/" response.write " << Back to Yahoo! " end if %> <% function YahooWelcome if gsCookieUsername = "" and request.querystring("source") = "yhoolnk" then %>

Welcome, Fool!

Be a Fool and get free, unlimited access to our site. What we offer:  • Take a tour  • Daily News  • Talk Stocks

© Copyright 1995-2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. The Motley Fool is a registered trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us