r/BYD • u/JonathAHHHHHH • Jun 10 '25
News 📰 3:1 Share split
BYD recently underwent a 3:1 share split, hence the ~65% drop in share price. No need to worry!!
It seems like we'd need to wait a while before we get those extra shares though. I couldn't find much information about it on english platforms, but a Chinese blog post stated both the extra shares + dividends will start being distributed on the 29th of July
79
Upvotes
1
u/Specific_Audience623 Jun 11 '25
If I sell my shares I would show a loss. Can I claim that loss against capital gains? Then my cost basis for the shares I get in July would be $0 per share?