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The Unsettler
Join Date: Dec 2002
Location: Lantanna TX
Posts: 23,885
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Stock Question
What is the distinction between shares issued vs delivered.
My assumption is if they are in my name and I have DRS for them then they are delivered.
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"I want my two dollars" "Goodbye and thanks for the fish" "Proud Member and Supporter of the YWL" "Brandon Won" |
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01-22-2020, 09:24 AM
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Registered
Join Date: Jun 2003
Location: Fresno, CA
Posts: 7,768
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Someone will know the correct answer but my guess is that when you buy stock, you don't necessarily get the actual shares; they are just in your account. I would think "delivered" is when you request hard copy certificates. Just a guess on my part.
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01-22-2020, 09:33 AM
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cycling has-been
Join Date: Sep 2004
Location: Jersey Shore
Posts: 7,237
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Along those lines FWIW - its a lot easier to dispose of shares issued to the 'account' when it comes time to settle your estate. Shares issued to you personally are a whole different animal in terms of disposition.
Bill K
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01-23-2020, 09:23 AM
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