2007-11-30 11:31:56 · 6 answers · asked by st-croix 3 in Business & Finance ➔ Investing
Investors get cash payments instead of fractional stocks
2007-11-30 11:35:18 · answer #1 · answered by fabled.life 2 · 1⤊ 1⤋
some stocks allow fractions like bp so you would have 1 1/2 shares otherwise you will get a check for 1/2 share!!!
2007-12-04 16:27:04 · answer #2 · answered by mister ed 7 · 0⤊ 0⤋
For every 2 shares owned, you now get 3. In other words, if you have 100 shares at $60 per share, you will now own 150 shares at $40 per share. Nothing has changed.
2007-11-30 19:37:57 · answer #3 · answered by Mr. Prefect 6 · 3⤊ 2⤋
Theoretically you would then own 1.5 shares, but they will pay you cash for the fractional 1/2 share.
2007-11-30 19:42:22 · answer #4 · answered by Anonymous · 2⤊ 1⤋
It depends. Most companies *will* allow fractional shares. In other words, you could end up with 1.5 shares. If they don't, however, you will still have one share, and be paid the cash equivalent of 0.5 shares.
2007-11-30 19:40:29 · answer #5 · answered by Eric 3 · 3⤊ 0⤋
most companies pay the owner for the value of the odd half share.
2007-11-30 19:35:42 · answer #6 · answered by Spock (rhp) 7 · 1⤊ 1⤋