How to handle stocks/shares conversions due to company merging?

[Silvano Cerza]

Hello People!

I have a peculiar situation, I had some stocks for company A that have been converted 1:1 to a new stock for company C due to company A and B merging together. So there's been no change of price, just a change in the stock name really.

How would you handle this? I checked the beancount docs on how to handle stocks conversions but I've only found information about vesting, so not my situation.

I thought about simply renaming all historic transaction with stock A to B and call it a day but I'd like to know if there are more elegant ways to handle this.

Thanks in advance!

[TRS-80]

I feel like renaming the historic transactions would be wrong, as that
does not accurately represent reality (which is all we are trying to do
here).

I don't even deal with stocks, but it seems to me you would want to do
something like (perhaps other(s) can confirm):

2021-02-14 * "(self)" "convert stock from A to C"
Assets:Invest -100 COMPANY_A {23.00 USD}
Assets:Invest 100 COMPANY_C {23.00 USD}

Date it as of the date they were renamed.

Cheers,
TRS-80

[Ben Blount]

I'd probably just rename the history and call it a day. Or manually make a transaction that zeroes out the old holdings at cost, then manually recreates every lot with the new commodity name (but with the previous cost, date attached).

v3 has a plan to add easier transfer of lots held at cost basis between accounts, a frequent ask of crypto users.

That feature might make it easier in this scenario too but it's not been designed yet AFAIK.

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[redst...@gmail.com]

I do this. The date spec allows the original date to be retained:

2020-02-02 * "Convert"

  Assets:Stock-Options -12.000  ORNG {12.12 USD, 2009-01-02}

  Assets:Stock-Options -17.123  ORNG {14.14 USD, 2009-02-23}

    ; .... you can get the entire list through bean-doctor context

  Assets:Stock-Options  12.000  BLUE {12.12 USD, 2009-01-02}
  Assets:Stock-Options  17.123  BLUE {14.14 USD, 2009-02-23}

[Martin Blais]

+1

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[Silvano Cerza]

This worked perfectly, thanks!