ChristianJS

I see, so when the market opens I would be able to sell them even with zero book cost and for $0 profit/loss? Thank you so much for your prompt response.

Thanks Anda, just to clarify, I have 3 shares of WBD with zero book cost in my account (since I did not pay nor purchase them) - is this equivalent to saying I don't own any WBD shares? How could I get rid of the 3 WBD shares in my account since I didn't purchase them at all?

Hi Arvin, no worries. However, as mentioned in previous posts by Anda, I did not pay for the shares as they were 'received' due to the merger in April. So in that case, wouldn't the book cost be zero? But it is not letting me set this number when I try to edit it.

Hi Arvin, I followed the above steps and when I set the book cost to zero, it tells me to enter a valid book cost and it is not allowing me to save it.

Hi Anda, Thank you for your response. It makes sense that I received 3 shares of WBD as I have 16 shares of AT&T (and still do) but what does the 3 shares of WBD mean as they have zero book cost/average price? Am I right in saying that the 3 shares of WBD in my account has no value since I didn't purchase them? In that case, how do I remove the 3 shares of WBD from my account (since I still have my AT&T shares)?

Hi IG Team, I would like to ask about the 3 shares of Warner Bros. Discovery that's in my account with average price of zero. I did some research and found that AT&T and Warner Bros. did a merger in April 2022 but I'm just confused as to why I now have 3 shares of Warner Bros. (with book cost of $0 and average price of $0). The 16 shares of AT&T is still in my account as before.