Company splits into 2 companies. How do I correct the cost basis for the original company?

Pleasehelp
Pleasehelp Member ✭✭
edited January 7 in Investing (Mac)

LAC has split into 2 separate companies with equal shares of each. I can add the new company with all data but the split has lowered cost basis of the original purchase of the first company. How can I correct for that?

Quicken Classic Deluxe

version 7.4.2 (Build 704.51578.100)

Mac OS 14.1.2

Thanks,

Ken [Removed - Email]

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