The minimum quantity of shares???

Question

How do you find out what the minimum number shares that you have to buy from a company is?

Answer 1

Depends on the broker....... usually bare minimum is 1 whole share, but you have to buy £1000 / $1000 worth of shares to cancel out the effect of the £10 / $10 purchase commission fee as quickly as possible.

However, with a SHAREBUILDER account
http://www.sharebuilder.com (US original version)
http://www.halifax.co.uk/sharebuilder (UK franchised version)
The way they're run, by purchasing the shares in bulk then splitting them between their clients who ordered that particular share means you can buy fractions of a share (minimum purchase in UK version = £5 inc a £1.50 commission fee), as well as whole ones.

For instance I currently own through my SHAREBUILDER account:
0.605344 of a share in Barclays Bank (BARC.L)
0.543903 of a share in BHP Billiton (mining company - BLT.L)
0.316083 of a share in British American Tobacco (BATS.L)
0.207026 of a share in Royal Bank of Scotland (RBS.L)
44.897433 shares in Pipex Communications PLC (PXC.L)
1.703795 Shares in Hornby.....
..... well, actually I have shares in rather alot of companies, but those are just a few examples.

Answer 2

1

Answer 3

Minimum Share Purchase

Answer 4

You can buy one share, but how about starting with 10? If it's a $10 stock, that's only $100 dollars, plus commission. You can make better in-roads than with one share. If the stock splits, you get 20 instead of 2.

Answer 5

I think there are websites for this, where you can buy only 1 share. Typically you purchase a chunk of shares. Although, I'm sure any broker would be willing to let you purchase a low number of shares. However, you might pay a steeper commission to him/her for it.

Answer 6

There is no limit on the quantity of shares you have to purchase.

Answer 7

yuo can buy as little as 1