Comcast Has A Three-for-Two Split. This Changes The Cost Basis Per Share.
Split Announced February 1, 2007:
Comcast had a three for two split for shareholders of stock on February 21, 2007. The new shares were payable on February 21, 2007.
Those that hold Comcast Class A (CMCSA) will receive Class A shares. Those that hold Comcast Class B (CMCSK) will receive Class B shares. The Class A shares are part of the AT&T "family."
This merger complicates already complicated tax cost basis (or stock basis) computations for AT&T and its "offspring." The AT&T tax cost basis can most easily computed using the AT&T Divestiture Basis Tracker. You can order the Denver Tax Software, Inc. AT&T Divestiture Basis Tracker.
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