Today I went to post the J&J stock split and I used the link
to 'Stock Split' off the Accounting, Investments page... I
entered the appropriate ratio.... my number of shares
doubled (like it should) but the price per share did not
divide in half... any input is appreciated.
Thanks,
Matt
mattswin@bivio.com

Matt,

This same thing happened to me last year with AXP split.
The thing is that the quotes are taken from a server's
quote. So, if the split is not "official" on this system
until the price is updated later today then the difference
will not be displayed. Also, if anyone purchases shares of
your club on this date you may need to double check the
results to guarantee the NAV accuracy.

Geoff

Matt Swinford wrote:
> Today I went to post the J&J stock split and I used the link
> to 'Stock Split' off the Accounting, Investments page... I
> entered the appropriate ratio.... my number of shares
> doubled (like it should) but the price per share did not
> divide in half... any input is appreciated.
> Thanks,
> Matt
> mattswin@bivio.com