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I have shares, printed on paper besies the ones held by the broker, what do I need to do with them prior to the sale being finalized?

2007-02-28 03:14:45 · 2 answers · asked by jaysnh2 1 in Business & Finance Investing

2 answers

I don't think you need to do anything. If the broker has records of the shares and holds them for you, you do not really need the paper ones. I would save them though because they are becoming increasingly rare.

As far as the company being bought, if they were bought for cash, you'll receive cash, if they were taken over by another public comany, you will get shares of the new company automatically if you do nothing.

2007-02-28 04:46:12 · answer #1 · answered by Steve 3 · 0 0

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2016-12-14 07:31:22 · answer #2 · answered by Anonymous · 0 0

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