[Anonymous]

Whats the entry when stock is transferred? So if I bought into my company at $5 share for 100 shares, and transferred half those shares to my son. Whats the entry if the value of the shares transferred exceed the original $5 price they were purchased at?

[Anonymous]

Anyone have thoughts on this? Just a plug to APIC?

[sdguy]

If you own 100 shares as an individual, and then sell some of those shares, that's just a personal transaction for you. There would NOT be an entry on the company's books.

Now if you sell the stocks back to the company (company redeems your shares), they go back into treasury stock. At which point the company can resell those shares to someone else.

AUD: 83
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BEC: 86

[Author]

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