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Re: jbnavy post# 92873

Wednesday, 10/16/2019 12:19:15 PM

Wednesday, October 16, 2019 12:19:15 PM

Post# of 112648
It's normal for this to happen. With a new "new CUSIP number," new shares must delivered by Transfer Agent. Could take a few hours to a couple of days before one can trade. Has happened to me on numerous occasions.

Split Pay Date

The split day date is the date that the stock split takes effect and the new shares are transferred to the stockowners. The company’s stock transfer agent is responsible for making sure that the correct number of shares is transferred to each owner. If your shares are held electronically, your broker makes a notation in your account based on the information provided by the transfer agent. You can check your account to confirm that an entry was made indicating that the shares were deposited into your account. If you want to hold the shares personally, the transfer agent will mail the stock certificate to you.



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