How to enter a new spin-off stock EXC CEG

Question

I own some Exelon.  It just spun off a portion of its value to a new company.  For my 150 shares of Exelon, I got 50 shares of a new company, Constellation, is addition to owning the now devalued 150 shares of Exelon.  How do I handle that in Quicken?

mshiggins · Answer

The 8937 was finally posted. They used average of high and low prices on 2/2/2022 to arrive at an allocation:

EXC 70.36%
CEG 29.64%

https://investors.exeloncorp.com/static-files/6d0b7fa9-7620-40a2-acf1-97899d092cc6

jackcutrone · Answer

I'll think that through.  Thanks

q_lurker · Answer

So you are keeping each security in its own account?  I consider that rather inefficient, but that is your choice. From where you are now, I would create the new account for CEG shares and MOVE the CEG transactions to the new account. Rt-click on a CEG transaction and select the move option. Or reconsider that account / security setup.