How do I record a stock split?

When a security splits, the number of shares you hold changes, but the total value of the position doesn’t change because the price per share adjusts. For example, in a 2-for-1 split, 100 shares priced at $50 are converted into 200 shares priced at approximately $25. When you record the stock split, Quicken recalculates your average cost per share based on the new share count.

To avoid changing previously recorded transactions, Quicken doesn’t automatically recalculate the historical prices of your existing transactions. If you want your holdings to show the correct market value after the split, enter the post-split price when prompted (for example, enter about $25 after the 2-for-1 split in the example above).

A reverse split reduces your share count and increases the price per share by the same ratio. For example, in a 1-for-2 reverse split, 100 shares priced at $10 are converted into 50 shares priced at approximately $20. To record a 1-for-2 reverse 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.
- Transaction date
  Enter the date on which the split occurred.
- Security name and Account
  One of these fields will be prefilled, depending on the location from which you accessed the Stock Split dialog.
- New shares and Old shares
  Enter the ratio of new shares to old. For example, if the stock split is 2-for-1, enter 2 in the New Shares field and 1 in the Old Shares field.
- Price after split
  Enter the new post-split stock price in the Price After Split field. In a 2-for-1 split, your number of shares would be doubled, but the price per share would be reduced by half. The market value of your total holdings of this security would be unchanged.