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What is the cost basis of a share of Avaya stock when spun off in 2000?
Wiki User
∙ 16y ago
20.5$per share
Wiki User
∙ 16y ago
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What was Stock Symbol for Avaya INC IN 2000?
The stock symbol for Avaya in 2000 was AV. The stock traded on the NYSE.
My corporation issue 2000 shares of no-par common stock at a cash price of 9.00 per share how do you journalize the issuance of the share?
Debit "Cash" for $18,000 and credit "Equity - Common Stock" for $18,000.
What was the market value of Avaya in 1998?
Avaya was spun off from Lucent Technologies on September 30, 2000. Lucent and Avaya now are two completely independent, publicly owned companies. Avaya didn't exist in 1998. It was just the phone equipment division within Lucent Technologies. So the market value in 1998 is listed under Lucent Technologies.According to the Annual Report on Form 10-K filed by Lucent with the Securities and Exchange Commission (SEC) on December 22, 1998, Lucent's market value was $113.5 billion.For more information, go to the Company Search screen of SEC EDGAR database, www.sec.gov/edgar/searchedgar/companysearch.html for Form 10-K Annual Reports.
What is the cost basis of a share of Lucent Technologies October 2000?
It depends what day in October you're looking for. On the 2nd, about $31. By the end of trading on the 12th, $21.50. Other information you might find useful: http://investors.avaya.com/stockinfo/cost_basis.shtml
How do you calculate tax on income of shares?
To calculate the sale of stock shares, you must first enter the date and price of the shares at the date of purchase, this is your basis. This amount is subtracted from the sell price to obtain your net gain or loss. Ex: 200 shares purchased on 6-16-2000 for $100 per share = $20,000 basis 200 shares sold on 6-15-2008 for $250 per share = $50,000 Stock shares held for less than 12 months is considered short term; more than a 12 month period is considered long term. Short term capital gains are taxed at a higher rate. To determine your capital gain on the above example: $50,000 less $20,000 = $30,000 taxable capital gain for the year of the sell. If you have a loss, remember that you can only deduct $3,000 per year until the full amount of the loss is depleted. http://taxresolutionaries.blogspot.com
Avaya stock price year 2000?
The Avaya stock price in the year 2000 was $20 a share. During this time the company had just be established.
What was Stock Symbol for Avaya INC IN 2000?
The stock symbol for Avaya in 2000 was AV. The stock traded on the NYSE.
When was Avaya stock created?
Avaya stock was created and started trading on the New York Stock Exchange on October 2, 2000. Avaya stock symbol is listed as AV.
What was the price of avaya stock lucent shareholders received?
Per AVAYA Investor Relations, the price of AVAYA on September 29, 2000 was $22.94. The distribution ratio was 1 new AVAYA share for 12 LUCENT TECHNOLOGIES shares owned or .083333333. The AVAYA spin-off information is also available at the Investor Relations section of the ALCATEL-LUCENT web site.
When was Avaya created?
Avaya was created in 2000.
What is the cost of an Avaya stock when spun off in 2000?
http://www.news.com/Lucent-spinoff-falls-in-market-debut/2100-1033_3-246474.html Published: October 2, 2000, 2:35 PM PDT "Unlike most initial public stock offerings (IPOs), which open for trading at a specific predetermined price, Avaya had traded on a "when-issued" basis since Sept. 18, when it opened at $20.50 and closed unchanged, according to the company. Stocks that trade on a when-issued basis are conditional, because the stock has been authorized but not yet formally issued. Avaya's stock price climbed over the last week before opening at $22.88 today, the company's first day of regular public stock market trading."
How long have avaya phones been available?
Avaya was created in 2000 as an offshoot of Lucent Technologies. It has been available for consumer use since March of 2000.
What was GM highest stock price?
In 2000 GM stock peaked at $100 per share. That is the highest I can remember.
What was the highest share price for Sirius?
On Feb 18, 2000 - SIRIUS (SIRI) stock was $66.38 per share.
What was stock MIPS worth when spin off from Silicon graphics?
The following is regarding MIPS spin-off from SGI in June 2000. The MIPS cost basis is 57% of original SGI cost basis. Likewise the SGI basis is 43% of original SGI cost basis. In the spin-off, an owner of 1 share of SGI received 0.13858 of MIPS. Fractional shares of MIPS were settled in tax year 2000. I found this information in my year 2000 tax folder.
In what year was Avaya Inc founded?
Avaya Inc was founded on October 2nd 2000. The company is a gobal leader in business communications. Its provides solutions directly and through its channel partners.
My corporation issue 2000 shares of no-par common stock at a cash price of 9.00 per share how do you journalize the issuance of the share?
Debit "Cash" for $18,000 and credit "Equity - Common Stock" for $18,000.
