Re: When a company splits?

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Canseco

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Re: When a company splits?

in response to

When a company splits?

lappeKman

posted on Sep 21, 2007 10:56AM

LappeKman,

Yes your broker looks after the spinoff transaction. The new shares are deposited in your account, assuming you still held the original companies shares as of the "record" date.