daimler split

[deceptivelycharles]

excuse the newbie question: i hold 96 daimler shares on ig. shall 48 (1 for 2) new daimler truck shares show up in my account shortly? is this why daimler has dived a little very recently?

[ArvinIG]

On 11/12/2021 at 02:49, deceptivelycharles said:

excuse the newbie question: i hold 96 daimler shares on ig. shall 48 (1 for 2) new daimler truck shares show up in my account shortly? is this why daimler has dived a little very recently?

Hi @deceptivelycharles,

If the Corporate action is a 1 for 2 effectively you will see in your history that IG will sell your 96 shares and book 48 shares for you.

Once the Corporate action completed you will need edit your book cost.

You can find how to edit your book cost here : https://www.ig.com/uk/help-and-support/investments/share-dealing-and-isas/how-do-i-edit-my-book-cost

All the best - Arvin