How to enter DVMT and new DELL transaction into Quicken

Satish

Just recently, DVMT holders who opted to get all cash, instead, got some cash and some recently issued DELL stock. How do I enter this transaction into quicken?

Thanks

Quicken Harold

Hello Satish. Appreciate your question..

Which version of Quicken are you using: https://getsatisfaction.com/quickencommunity/topics/add-your-quicken-information-to-your-posts-plus-...

Please let us know so that we can best help you.

Respectfully,
~ Quicken Harold.

Satish

Tom Young

This is considered a sale of your DVMT stock.  However, the transaction is one of those classic "cash plus stock" deals that require some special handling and there's no "wizard" within Quicken that will allow to simply enter some numbers in some field and get the correct answer. 

The number of DVMT shares tendered that requested "cash" exceeded the cash available to be distributed so allocations were required and, accordingly, shareholders requesting all cash did get a combination of cash and stock.  Dell at some point, fairly soon, should report exactly how much cash and how much stock was issued for each share tendered, (since fractional shares were not issued but were instead sold via cash in lieu it's highly unlikely that the round number of shares deposited in the account gives the correct figure), so I'd wait a bit before attempting to crunch the numbers.

miklk

reginaO

Tom Young

Tom Young

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Tom Young

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Tom Young

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Tom Young

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Tom Young

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Tom Young

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Tom Young

Tom Young

miklk

reginaO