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Reverse splits

General questions about using Fund Manager that do not fit into any other forum.

Postby rmiz » Tue May 14, 2024 3:28 pm

Where can I find instructions on recording reverse stock splits?
rmiz
 
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Postby Mark » Tue May 14, 2024 3:54 pm

Hi rmiz,

You can record a reverse stock split, similar to a normal split, but with a ratio less than 1. Just record a split, and where you enter X shares for Y, enter X and Y, such that the ratio is appropriate. For example, if it was a 1 for 2 reverse split, enter 1 for 2. You can enter any ratio you want in a split transaction.
Thanks,
Mark
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