Split wizard
A corporate-action split adjusts every lot of a security, every stored price, and the current quote in one undoable step. A 2-for-1 split of 6 shares at $55 becomes 12 shares at $27.50. Value stays $330. Basis does not change.
Steps
- Open Securities and choose the symbol.
- Under Split wizard, enter New and for old (2 and 1 for a 2-for-1).
- Choose Preview. Check shares, price, value, and basis before and after.
- Choose Apply split.
A reverse split uses a smaller new number than old, for example 1 for 2.
If this goes wrong
If value doubled, the current price was not adjusted. This wizard always writes the new current price. Undo and run the preview again.