I have stock in a company it split then the company sold what happens to my stock?

Question

I heard from someone that all his stock was bought back from the new co.I was never informed about what my options were

Answer 1

Your options r:

1. Kissing your money goodbye

2. Or cry, while kissing your money goodbye.

Answer 2

The company bought the stock back to become a private company, you should have been paid the market value for your stock.

Answer 3

usually your stock goes with the company that it sold to but in some case's they try to stiff you you have to do allot of foot work to find your money sometimes and if you are lucky someone will help you find it you just have to talk really sweet to them
also if you went threw a finical company they will know

Answer 4

definite, that's a perplexing concern to make your recommendations up. the two new shares fairly commerce at in spite of fee the marketplace assigns to them. many times, it is going to upload as much as the cost that the single inventory grow to be paying for and merchandising at until eventually now. Shareholders of the previous inventory will receive shares interior the hot inventory, too. The fairly perplexing area is while you're a stockholder, determining what your tax foundation is on each and each of those shares. recommendations-set hint: What i've got observed recently is that quite many times the hot named business enterprise is the place the fee is. They finally end up leaving each and all of the crummy sources and each and all of the debt interior the previous named business enterprise, and spin off each and all of the cool stuff into the hot business enterprise. So, I many times sell the previous one after the spin-off and purchase extra of the hot one. this is paid off quite properly.

Answer 5

Which brokerage firm did you use for your transaction? They will help.