Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: MFsaut Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 129  
Subject: Calculating cost basis, holding period after SO Date: 10/10/2011 2:23 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I just want to check that I have this correct since I was doing DRIP on FO for awhile and may sell FBHS per TMFJMo recommendations. My broker indicated that they converted my 52.369 shares of FO into 52.369 shares of FBHS (on 10/4) and 52 shares of BEAM (on 10/10). My plan is to use the opening prices of FBHS and BEAM on 10/4 as the basis for determining how to allocate the original cost basis across FBHS and BEAM. Yahoo had those as $12.19 and $43.53 respectively. So cost basis for FBHS would be 12.19/55.72 * FO_cost_basis and BEAM would be 43.53/55.72* FO_cost_basis. There may be a cash-in-lieu for the missing 0.369 shares of BEAM. For that event I would use the cost basis of:
(43.53/55.72* FO_cost_basis) * 0.369/52.369.

Is that correct or do I need to worry about the period between 10/4-10/7 and price differences between those dates?

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next


Kiddie Card Board
Should kids have their own credit card?
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Saul's Investing Discussions

INBK Q1 2015 Earnings Analysis
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.