Message Font: Serif | Sans-Serif
No. of Recommendations: 1
In figuring cost basis of a split stock the price is irrelevant. Just divide the cost basis before the split by 2 to get the cost basis after the split. He didn't put anymore money into the stock and he didn't gain anything by the split. He just owned twice as many shares worth as much each but the same amount in total.
Print the post  


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.
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.