A split-off of stock occurs when a corporation decides to demerge part of its business to its shareholders. In a split-off, the parent corporation offers to all of its shareholders the opportunity to exchange shares in the parent for shares in the split-off company. Unlike a spinoff, the shareholder no longer owns the shares in the parent company that they exchanged. This is more fully explained on the split-offs page.
Click on the image to the right to access the split-off calculator. Data for recent split-offs has already been provided in the calculator selection menu, such as:
Chipotle (from McDonalds) Coach (from Sara Lee) Mead Johnson (from Bristol-Myers) Ralcorp (from Kraft) Reinsurance Grp of America (from MetLife)
Information provided is intended solely for cash-basis U.S. citizen individual taxpayers and is believed to be accurate for most cases but is not guaranteed. Always consult your personal tax advisor about your own situation. Suggestions are most welcome. Please email our webmaster @ costbasis.com with your comments. If this website has been helpful to you, please consider making a donation to support our efforts.