How do I record a stock split?
When a security splits, you're given additional shares. When you record the stock split, Quicken recalculates your average cost per share.
In order not to change previously recorded transactions, Quicken doesn't automatically recalculate the price of the new shares. If you want to correct the market value, manually enter the new price.
If this is a reverse split, for example, 1-for-2, you would end up with fewer shares rather than more, and each share would have a higher ending price. For example: For a 1-for-2 reverse stock split, enter 1 in the New Shares field and 2 in the Old Shares field.
- Open the account you want to use.
- Click Enter Transactions.
- In the Enter Transaction list, select Stock Split.
- Use this dialog to record the split. Click a link below for more information.