There are only a few dollars here, but the solution eludes me...
My brokerage statement lists three transactions:
===================================================5/31/05 Agere Systems Inc CL B: reverse split @ 1 for 10 Quantity -105
5/31/05 Agere Systems Inc CL A reverse split @ 1 for 10 Quantity -45/31/05 Agere Systems Inc result of reverse split Quantity 10 =================================================== I started the month with 105 Sh CL B and 4 Sh CL A, I ended the month with
10 shares of Agere Systems IncThus far, I have recorded both 1:10 reverse splits, leaving odd amounts (.4 sh and 10.5 sh) but how do I "convert" that to my ending balance of 10 shares of the new stock??
[NOTE: With such small amounts, I have no interest in basis calculation. Instead, I just want to record transactional data so that I end up with no A or B shares, just 10 shares of the new stock.]