IG take away fraction of share after stock merge in Shares and ETFs Posted November 12, 2020 Upon merge of LVGO and TDOC, as we all know, 10 LVGO shares will get 5.92 TDOC shares plus cash distribution. I have only received 5 TDOC shares, when i enquired about this matter, IG told me they do not issue fraction of share. So they took 0.92 TDOC share away from my account, which is worth almost 200 USD! I have attached transaction history from IG, and does anyone has the same issue?
IG take away fraction of share after stock merge
in Shares and ETFs
Posted
Upon merge of LVGO and TDOC, as we all know, 10 LVGO shares will get 5.92 TDOC shares plus cash distribution.
I have only received 5 TDOC shares, when i enquired about this matter, IG told me they do not issue fraction of share.
So they took 0.92 TDOC share away from my account, which is worth almost 200 USD!
I have attached transaction history from IG, and does anyone has the same issue?