How to Calculate a 3-for-2 Stock Split
Companies issue stock as a way to raise capital, and each share represents ownership in the company. The price of the stock is based on the overall worth of the company. Sometimes companies decide to split their stock shares, which increases the number of shares but does not affect the overall value of the company, so the price of each share decreases. Companies sometimes do this because the lower price makes the stock more affordable, which can interest new investors. To calculate how many shares you own after a stock split, you need to know how many shares you own.
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Instructions
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Check your records to determine how many shares of the stock you owned before the 3-for-2 stock split.
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Multiply the number of shares you own by three. For example, if you owned 100 shares you would multiply 100 by three to get 300.
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Divide the result from Step 2 by two to calculate how many shares you own after the stock split. Finishing this example, you would divide 300 by two to find that after the 3-for-2 stock split, your 100 shares had grown to 150 shares.
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References
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