1. U.S. Futures


Old Stock Question

Discussion in 'Ask Any Question' started by John Bilecky, Sep 5, 2023.

  1. John Bilecky

    John Bilecky New Member

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    I was hoping to get some info on a question about a stock ownership question.

    I recently found 100 shares of common stock that I had from a company, which I worked for years ago. About 10 years ago, this company was purchased in full by another company and became a wholly owned subsidiary of that company.

    What becomes of my shares? I was never paid for them when the company was purchased. How can I redeem them and what price should I receive?
     
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  2. OldFart

    OldFart Well-Known Member

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    10 years is a long time. I would talk to an attorney about it. Your shares should have been converted over to the new company, but since you never received a notice to sell or convert your shares to the new company, it might take an attorney to make them pay up. :hmm:
     
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  3. John Bilecky

    John Bilecky New Member

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    Thanks for the advice.
     
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  4. Sim

    Sim New Member

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    Hello and welcome
    I would like to ask out of curiosity whether and how the share issue was resolved?
     
    OldFart likes this.