Key insights
- The post discusses the difficulty in reconciling historical GE share ownership with current holdings after multiple splits and spin-offs. The lack of a brokerage record prior to last week complicates the matter. The poster is seeking advice on how to reconstruct the transaction history, potentially involving contacting GE directly. This highlights the challenges in tracking corporate actions and their impact on individual shareholders, but has minimal impact on the broader US equity market.
My mom has a stock certificate issued to her on May 5, 2000 for 88 shares of GE stock.
Her current investment manager says that she has 16 shares of GE Aerospace, 5 shares of GE Healthcare, and 4 shares of GE Vernova.
I've read about splits, reverse splits, and the corp split of GE into GE, GEV, and GEHC but for the life of me I cannot figure how those 88 GE shares turned into only 16 GE Aerospace. I calculated out all the splits and reverse splits and the allocation of the Corporate level splits, but it just doesn't math out.
Does anyone have a handy tool for figuring this? As i see it, there must have been a sale somewhere in the past 26 years. I know for a fact she hasn't sold in the past 15 years, but before that I can't be sure because my dad managed everything.
How do I find the transaction history of these shares? She didn't have them in a brokerage account until last week. Do we contact GE?