Stock-split and Merger

English Transactions
1

I would have a question regarding two particular issues that I am encoutering: Stock-split and Merger.

Merger
A stock that I own (stock-A) merged with a other one (stock-B) that I did not owned. I am wondering about the most apropriate way to implement that.
Option 1: Delete my buys of stock-A and add buys of stock-B at the same date, same total price as when I brought stock-A but correct the number of shares accordingly.
Option 2: Sell the shares of stock-A on the day of the merger and buy the ones of stock-B on the same date, while adjusting for little price difference.

Any suggestion?

Stock-split
So I used the option already included, which works nicely. I am also under the impression that the app, converted all the previous buy accordingly. Is that correct?

2

Dear elglanto,

Merger
there was a frequented discussion about merger and spin-off in this thread. Is it in German, though.

@Laura suggested to book the merger as sale of old stock and buy of new stock.

Split
PP should have asked you during the split dialogues if you want to convert the old prices. In case you said „yes“ you are correct.

Stay safe and have fun

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3

Thanks a lot, it was very helpful.

4

Hello,

I didn’t understand this topic and I need to input a split of one of my positions in the portfolio. I can’t find any option there regarding splits and there was no dialogue regarding it.

5

Select a security (there are many ways), right click on it then select Stock split…

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6

I cannot figure out how to properly do a stock split in Portfolio Manager.

In my transactions from my broker, I have the following:

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chrome_dZmIhEW3IK1711×1000 175 KB

So my current stock split to an A and B stock. How can I record that precisely in Portfolio Manager?

7

Hey Isolesen,
unfortunately I do not get it freom your screenshot.
There is a specific function in PP for a stock split. You chose a security and do the stock split. Answer the dialogues. It is a good idea to first try it in a PP-file copy.

8

I bought a security, WEAT.L with which had a split (I think 1:40) some months after I bought it - instead of the real loss of a few hundred pounds I suffered, it showed a loss of 30,000 pounds in the perfomance calculations!
Eg; Capital gains showed a -30,000 loss!

The reason is the perfomace calculations seems to use the securities historic quote data.

There was nothing wrong with the tranaction amounts in the cash and securities account - I double checked.

Eventually I found what was wrong was the historic data in the security using yahoo data which was not refreshed to take into account the split.

The solution is to goto the security page and select the security in this case WEAT.L - right click and EDIT IT and change the data provider from yahoo to another until you get the option to delete all the historic data.

From reading some other posts in the German forum - it may take yahoo 2 weeks to update their data after a split, so this many only work after yahoo update the whole dataset for the security.

When you have deleted the data, go back and select yahoo as the data provider again. The data will load again with the corrected historic quotes from yahoo and all the performance calcuations will be correct!

9

You can delete historical quotes the following way.

Select the security → In the detail pane → select historical quotes → right click → delete all

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