Owning shares in a company is all well and good, but if the time comes for selling and you can't seem to locate them, it can be a challenging process. The question 'how do i find my shares?' is so often expressed by both amateur and knowledgeable shareholders alike, and can sometimes be tricky to answer in a simple way.
Let's take a look at the different ways you can find your shares, and work out the best and most efficient process for you.
Finding Your Shares By Yourself
If you do believe you are a shareholder in a specific company, you can begin to find your shares by actually contacting the company directly. From there, a company will usually have a third-party share registry or an investor centre that you can access to see your share portfolio with that one company.
With a third-party registry, they will usually conduct a search to find what shares you do own and will give you the relevant SRN once found. They may send this information through in a number of ways, but most commonly will send you a holding statement or dividend statement that contains your SRN on it.
Finding Your Shares With An Online Service
Finding your shares with an online service can be extremely beneficial for a number of reasons. Not only does it save the time and effort that you would use trying to find forgotten shares yourself, but it can also result in finding unclaimed monies.
On top of locating a specific SRN under your name, these electronic searches can work out whether you have unclaimed monies as a result of:
- compulsory acquisition of shares
- the distribution of dividends
- previous superannuation contributions
- an inoperative bank
- the building society or credit union accounts
- a bequest or other distribution from an estate
Sell Shares with Share Sales Direct
Of course, after locating lost shares, you may wish to sell your shares in a company. At Share Sales Direct, we specialise in selling shares one-off quickly and without any hassle. For shareholders in big companies or a small business, selling shares with Share Sales Direct can get you paid and ready to re-invest as soon as you like!
Contact us today for more information on how to sell your shares online.
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