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GOOG / GOOGL
« on: April 05, 2014, 12:58:18 PM »
Looking for a little help on entering the stock split/spin-off on GOOG & GOOGL

Regarding the Investors Relation on the stock I found this:
If I am a retail investor, will I get any information on this split? What do I need to do?

On April 2nd, each holder of Class A and Class B shares will receive shares of the new Class C capital stock on a one-for-one basis. No action is necessary.

With IAM under the spin-off....what would the % of original cost basis retained by issuer's shares be?
And the original cost basis allocated to the spin-off shares?

Thanks
« Last Edit: April 05, 2014, 01:19:24 PM by zed »

Re: GOOG / GOOGL
« Reply #1 on: April 06, 2014, 10:14:58 AM »
Zed,

You need to find the allocation of basis from the google web site or investor relations.  Then first change the symbol of goog to the new class A symbol googl under the asset library, current asset library, select goog, and then the edit tab to change.

Once you've changed the symbol, use the global transactions | spinoff feature to allocate class A share basis to the new 'goog' class C shares, in the 1:1 ratio of shares received per share held.

Matt.