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99 shares 2 shareholders

is this possible between husband and wife?

Is it possible for both husband and wife to have 49.5 shares each so each gets half of dividends or must it  be 50/49?

 

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16th Nov 2018 21:54

No.

But they could hold one share jointly.

Or you could subdivide the shares.

Or issue another.

Lots of solutions. Don the Thinking Cap.

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By OC
16th Nov 2018 22:37

account for the dividends 50%/50%

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to OC
16th Nov 2018 23:05

Falsify the returns, you mean ?

Why didn't I think of that ?

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to lionofludesch
17th Nov 2018 15:14

Golden rule. Start with the answer you want and work backwards. It’s a common thread in common threads.

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to andy.partridge
17th Nov 2018 15:22

Oh aye.

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to andy.partridge
17th Nov 2018 19:40

Quote:

Golden rule. Start with the answer you want and work backwards. It’s a common thread in common threads.

Does beg the question why anyone wanted 49.5 49.5 as the answer from which to work backwards.

They probably didn't. Which means, depending where they're trying to get to, where from - and why - their tax analysis might be off target.

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17th Nov 2018 16:25

surely if all shares owned jointly OC's comment is correct?

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to Marion Hayes
18th Nov 2018 13:07

Quote:

surely if all shares owned jointly OC's comment is correct?

No, the OP wanted each person to have a half share.

They could each have 49 shares and own the 99th jointly, but that ms a different thing.

Depending on what’s trying to be achieved, just issuing another (ie 100th) share is probably the easiest thing.

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to atleastisoundknowledgable...
18th Nov 2018 13:20

Once again - we're forced to contribute by speculation.

Only the OP can tell is why this married couple have 99 shares and why it's vitally important for their holdings to be equal.

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19th Nov 2018 10:37

F*** me. AWeb at its worst.

Yes. As Marion says, it is perfectly possible to jointly own shares. So the whole 99 shares could be held jointly by H&W. They would own the shares as joint tenants, and thus be entitled to half of the dividends.

Alternatively, they could own 49 shares each, plus one share held jointly. They would thus each have 49½ shares.

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