,cost basis of cendant stock spinoffs 3 entities replaced the original?

Question

cendant stock . what % is applied to stock cost?

Answer 1

Your company (or designated financial institution) should have supply you with the information. However, if not you can take your original price per share and proportionally allocate to the market values of the 3 stocks on the day of the split.

For example:

Original price is $40

On the day of the split:
Car co $12
Hotel co $15
RealEstate co $20

Your base for the Car co share is 40 * 12 / (12+15+20)

Answer 2

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