How do I load Trinity spinoff of ARCOSA

Unknown
Unknown Member
edited November 2018 in Investing (Windows)
Trinity spinoff ARCOSA on 11/1 at a rate of 1 share for every 10 of Trinity.  I have bought 15 share some time ago and had a 2 for 1 stock spit for a total 30 shares of Trinity.  I can not find the correct percentage to enter in Quicken Home and Business R17.4?

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  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited November 2018
  • Unknown
    Unknown Member
    edited November 2018
    Thanks, Quicken generates 3 entries, should I delete the other 2?
  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited November 2018
    Richard Edelen said:

    Thanks, Quicken generates 3 entries, should I delete the other 2?

    What Quicken generates would depend on your specific holdings.  Three transactions would be the minimum -- a Remove Shares of TRN removing 30 shares, and Add Shares for TRN adding back the 30 shares with a reduced cost basis, and an Add Shares for ACA adding in 10 shares with its applicable cost basis.  None of those should be deleted.   Indeed, off the top, I can't think of a reason to delete any of the transactions Quicken would have generated through the Corporate Spinoff action.  

    If you are saying through a download of transactions from your brokerage you got new transactions, that is a totally different question.  Those transactions may be suspect, but there is not enough information to give you advice.  
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