How to compute new basis for vodophone shares and adr;s?

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How to compute new basis for vodophone shares and adr;s?

The number of shares changed in July 2006

2006-10-17 13:41:54 · 2 answers · asked by AL 1 in Business & Finance ➔ Investing

2 answers

Vodafone had a capital return of GBP 9 billion to shareholders via a B share scheme. The company proposes to give 8 B shares at 15p per share for every 8 ordinary shares held.
2. Share consolidation of 7 new shares for every 8 existing shares.

The capital adjustment required to do both of the above was was 0.999101

2006-10-17 22:39:11 · answer #1 · answered by Richard Dale 4 · 0⤊ 0⤋

need more info

do you mean for a stock split?

you want us to guess?

2006-10-18 01:49:04 · answer #2 · answered by dredude52 6 · 0⤊ 1⤋