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posted Mar 10, 2023 11:17:39 AM

I was an officer of a corporation acquired by Cerner. I received Cerner stock for my holdings. Cerner itself was acquired this year. How do I determine cost basis?

Cerner paid 0.153 shares for each of Citation, my company. Cash price for Citation was $5.10 but I don't know the number of shares I held.

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1 Replies
Level 10
Mar 10, 2023 12:49:31 PM

The cost basis would be the total amount you paid for your Citation stock.