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Please review Lesson 9 - Editing and Adjusting for Stock Splits in our Online Tutorial for a demonstration of this procedure .
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When you hold a position open through a stock split, your number of shares and price per share will change for that position. For example, if you bought 1000 shares of MSFT pre-split at $50 per share and carried the position through a 2-for-1 split, you now hold 2000 shares of MSFT at $25 per share (half the initial cost).
In order for TradeLog® to correctly match your (pre-split) opening transactions to the subsequent closing transactions, the pre-split transactions must be adjusted for number of shares and price. The Edit, Adjust for Stock Split function enables a user to make the necessary adjustments in a few easy steps.
See an Example of a Stock Split Adjustment.
To adjust for a stock split:
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Find the ticker that needs to be adjusted for a split using the Find, Ticker command.
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Find and select the record showing the last trade made before the split.
The light blue profit bar will show the number of shares open going into the split - These are the shares that need to be adjusted.
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Click Edit, Adjust for Stock Split or the keyboard shortcut <Ctrl-S>.
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The Adjust for Stock Split popup window will appear.
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In the fields provided, enter the ticker description and split ratio. The split date will be the date of the last trade before the split. DO NOT change this date to the actual split date as you may have trades on this date which are post-split.
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Click OK. TradeLog® will adjust the number of shares and price in all selected records. (If the resulting number of shares is not a whole number, some manual editing may be necessary. See note on Manually Editing Fractional Shares.)
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To ensure proper trade matching, you may need to use Edit, ReNumber Trades. The program will re-sort, re-match and renumber your trades using strict FIFO trade matching.
Additional notes on stock split adjustments:
