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Selling 1 Share of Stock
I have 3 individual shares of stock from 3 different companies. These were purchased for me by an eccentric cousin. I receive the statements and shareholder information in the mail but I have no idea what to do with it.
I'm not even sure how to buy more stock if I wanted to. I'm thinking it would be easiest to get rid of it since it's silly to have these random individual shares. I was hoping someone here would be able to give me a cliff notes version of doing this - are there taxes and fees? The shares are all around $40 and I know if fluctuates daily. |
Check and see if any of the companies are doing a buy back. Our company does this every once in a while expressley for the purpose of eliminiating smaller shareholders such as yourself.
You can go through a broker to sell but there will be fees and it's probably not worth it. |
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