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gphs98
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When a company changes their name what happens to the original stock certificate? I found a stock certificate for American Brands issued in 1970. I know that they have since changed their name to Fortune Brands and have had 3 2-1 splits. The certificate is for 100 shares of common stock. I think this certificate may be equal to 800 shares of Fortune Brands common stock. Does anyone know what happens in this situation? Thanks for any help.
Posts: 110 | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
Bob Frey
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Contact your broker.
Posts: 3417 | From: Cleveland, Ohio | Registered: Jan 2000  |  IP: Logged | Report this post to a Moderator
   

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