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Economy

mahatmakanejeeves

(69,021 posts)

4. Usually a company does this only if it has to. If the stock price gets too low, the shares are in

Reply to mahatmakanejeeves (Original post)

Mon Aug 2, 2021, 10:01 AM

Aug 2021

danger of being delisted. GE wasn't anywhere near that low.

It's not a taxable event, as long as there's no sales of shares to avoid a fractional share. If that happens, you have to dig up your cost basis.

I've already made a note for next April.

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General Electric Stock Gains Ahead of 1-for-8 Reverse Split Debut [View all] mahatmakanejeeves Aug 2021 OP

I own a little. Not the best investment I ever made. Tomconroy Aug 2021 #1

I am confused Crazyleftie Aug 2021 #2

No. The value of the shares will go up in proportion to Tomconroy Aug 2021 #3

Usually a company does this only if it has to. If the stock price gets too low, the shares are in mahatmakanejeeves Aug 2021 #4