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Re: jbones001 post# 21240

Friday, 11/03/2006 2:18:14 PM

Friday, November 03, 2006 2:18:14 PM

Post# of 162778
I don't think they will sell the factional share in the open market. That is why they "round down" to a share, i.e. 1.2 shares will become 1 share. 9.9 shares become 9 shares.

No taxes on fractions because it was rounded down.

Note: I am not a tax expert.