resztówki scaleniowe
English translation: (merger) fractional leftover
| 14:22 Dec 30, 2018 |
| Polish to English translations [PRO] Bus/Financial - Business/Commerce (general) | |||||||
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|  Selected response from: geopiet | ||||||
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| 3 | (merger) fractional leftover |
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| Discussion entries: 5 | |
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Answers
40 mins confidence: 
(merger) fractional leftover Explanation: There are no fractional shares on Robinhood. If in a merger or stock split that is not evenly divisible by the terms of the stock split or allocated, you will typically receive cash in lieu of any fractional shares caused by the stock split or merger action. - https://www.quora.com/What-happens-to-fractional-shares-as-p... -------------------------------------------------- Note added at 41 mins (2018-12-30 15:03:46 GMT) -------------------------------------------------- Any time there is a share adjustment from spin-off, merger, stock split, or reverse slit; there is zero chance for the stockholders to hang on to fractional shares. They are turned into cash. For the employees in the 401K program or investors via a mutual fund or ETF this isn't a problem. Because the fraction of a share left over is compared to the thousands or millions of shares owned by the fund as a collective. For the individual investor in the company this can be a problem that they aren't happy about. In some cases the fractional share is a byproduct that will result from any of these events. In the case of a corporate merger or spin-off most investors will not have an integer number of shares, so that fraction leftover that gets converted to cash isn't a big deal. - https://money.stackexchange.com/questions/61295/one-share-st... -------------------------------------------------- Note added at 1 hr (2018-12-30 15:52:04 GMT) -------------------------------------------------- The company’s shareholders approved the one-for-eight reverse split, allowing every eight shares of outstanding common stock to be combined into one share of common stock, the company announced Wednesday. Leftover fractions of shares will be rounded up to the nearest whole share. - http://ww2.cfo.com/2007/08/verticalnet-makes-reverse-split/ -------------------------------------------------- Note added at 1 hr (2018-12-30 15:58:12 GMT) -------------------------------------------------- The company’s shareholders approved the one-for-eight reverse split, allowing every eight shares of outstanding common stock to be combined into one share of common stock, the company announced Wednesday. Leftover fractions of shares will be rounded up to the nearest whole share. - http://ww2.cfo.com/2007/08/verticalnet-makes-reverse-split/ |
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