Erase data in a Stock Certificate - Online Editor

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How to erase data in the Stock Certificate

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so how to redeem a stock certificate a number of different ways of doing that most commonly you would take your certificate to your local brokerage give them the certificate what theyll do is theyll transfer that over and get that put into in into the computer system and get it issued to you so its something you can look at in your monthly statement rather than actually holding the physical certificate you can also work with the investment bank that issues the certificates and do it directly also you can take your certificate to the the company that that issued it if thats how you got your certificates more than often if youre working directly with a company or the investment bank has issued the stock they try to keep things in a format where its more easily traded its on your statement and youre not physically holding the certificate but if you do have a certificate the easiest way really is to take it to a storefront location some brokerage house is close by for a fee they wi

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What do I do with old stock certificates?

If the share certificate is registered in your name, you have three options: Keep it in a safe place until you are ready to trade it. Deposit the shares into an existing brokerage account. Open a brokerage account and deposit the shares.

How do I remove a name from a stock certificate?

A persons name can be removed from a stock certificate only with their consent (or the consent of their agent) or by order of the court.

How do I void a stock certificate?

On the back of the certificate, write VOID in capital letters. It is advised not to attempt this on your own. Better to involve a share broker. Mention date of cancellation.

Are any old stock certificates worth anything?

An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its name.

Can you cash in old stock certificates?

You can cash them in through the transfer agent of the company with which the stock is owned. Or, you can work with a broker to sell the stock.

How do you liquidate stock certificates?

To sell your old stock certificates through the transfer agent, you should get in touch with them and complete a stock transfer form. The transfer agent will subsequently move the shares to your brokerage account, from where you can execute the sale.

How do I know if my old share certificates are still valid?

You will need to determine if the company is still in existence. Different resources are available to you. You can begin with a quick internet search on the companys name. If this doesnt turn up any information, you may consult the corporate registry where the company was registered.

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