[kmymoney] [Bug 494827] Stock split ratio won't allow for accurate Schwab ETF stock split
Jack
bugzilla_noreply at kde.org
Tue Oct 15 22:28:39 BST 2024
https://bugs.kde.org/show_bug.cgi?id=494827
--- Comment #1 from Jack <ostroffjh at users.sourceforge.net> ---
I suppose one possibility would be to allow KMM to split less than the entire
number of owned shares, but I'm not certain it's a good idea, and it wouldn't
happen soon. In your case, one approach would be to do the full 3:1 split, and
then sell the extra partial shares for the amount Schwab paid you. It's not a
strictly accurate representation of what happened, but it leaves your balances
correct.
In the long run, perhaps we can switch this to a wishlist for an option to
split whole shares only and consider the value of the partial shares some sort
of dividend. You might then also need to specify whether or not you get the
one extra share if your partial is over on third of a share. Certainly worth
thinking about.
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