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Repurchasing stock
We understand that there is a tax benefit by transferring
some of our most appreciated stock to withdrawing members.
We have cash to repurchase that stock. Are there
implications in doing this that we need to be aware of?
Sandy

Hi Sandy,

As long as you are transferring shares on which you have a gain, you should not have a problem. In fact that is a good plan if you still like the company and feel you would hold it for more than a year.

You can repurchase the same stock immediately. You'll have a new, updated basis in your repurchased shares and your holding period will begin on your new purchase date.

Laurie Frederiksen
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On Wed, Oct 14, 2015 at 10:40 AM, Sandra Smith <sandy@niceguyworkshard.com> wrote:
We understand that there is a tax benefit by transferring
some of our most appreciated stock to withdrawing members.
We have cash to repurchase that stock. Are there
implications in doing this that we need to be aware of?
Sandy

Thank you. This is good news.

From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen
Sent: Wednesday, October 14, 2015 9:51 AM
To: The Club Cafe
Subject: Re: [club_cafe] Repurchasing stock

Hi Sandy,

As long as you are transferring shares on which you have a gain,  you should not have a problem.  In fact that is a good plan if you still like the company and feel you would hold it for more than a year.

You can repurchase the same stock immediately.  You'll have a new, updated basis in your repurchased shares and your holding period will begin on your new purchase date.

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend!  www.facebook.com/bivio
Follow us on twitter!  www.twitter.com/bivio
Follow Us on Google+

Click here to Subscribe to the Club Cafe email list.  Click here to  Unsubscribe

On Wed, Oct 14, 2015 at 10:40 AM, Sandra Smith <sandy@niceguyworkshard.com> wrote:

We understand that there is a tax benefit by transferring
some of our most appreciated stock to withdrawing members.
We have cash to repurchase that stock.  Are there
implications in doing this that we need to be aware of?
Sandy