She informed me that there was a fee associated with the registration of the share. IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. You must log in or register to reply here. Just wondering. . 0000040028 00000 n
Sept. and sold through computershare 3 shareholdings. However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. If the value of the transaction exceeds the limit, the MSG will be rejected. Statements and additional information for your registered stockholder account is available on-line through Computershare. https://esignatureguarantee.com. It's like pulling teeth getting all the paperwork/funds. I bet that's why they don't want to do it. hb```g```X,=2FV$PQ w -
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ssa@7Z+ When you deposit your shares you no longer have to worry about safeguarding physical certificates. ge firms will offer fractional share investing for individual stocks. hbbd``b`$@` BA 9+H0 "Dx k Where can a person who resides outside of Canada and the United States obtain a Medallion Guarantee stamp? If you would like to sell shares you already hold, you can use Investor Trade, Computershare's online share sale facility for issuer sponsored securityholdings. Because it's a competitive world and brokerages want your money badly. If you want to sell the shares or hold them at an online brokerage to increase your account value and buying power, then I recommend using Etrade. Please review the prospectus carefully before you decide to invest. 462 South 4th Street, Suite 1600. does computershare charge a fee to sell stock. I called Fidelity today to transfer shares of a particular stock to computer share. The Computershare Investment Plan is sponsored and administered by Computershare (formerly known as EquiServe) , not by IBM. I assume the $s not in a retirement or other restricted account. 0000001478 00000 n
The table below outlines the options individuals who reside outside of Canada and the United States can explore to obtain a Medallion Signature Guarantee (MSG). You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com. Computershare is awful. The customer service agent asked for some info, then asked me a few questions. hTmk@+^N What happens if shareowners lose their Direct Registration Confirmation Statement? 0000002404 00000 n
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weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. 0000039321 00000 n
For this purpose Computershare may combine each selling shareholder's shares with those of other selling shareholders. Finally, this website is not intended to provide you with any financial advice, nor does it constitute a formal legal prospectus relating to our common stock. If you own your shares through a bank or brokerage firm, you should contact that firm. XH|xM-hw+tky-yylr,imSAC+M2ic!-|HocT`/"Tpuxk~Yf3d_ll.`SEf 0000001196 00000 n
Box 505000. Computershare did not charge me any other fees. For this purpose Computershare may Where can Canadian residents obtain a Medallion Guarantee stamp? 0000039605 00000 n
The table below outlines the options residents of the United States can explore to obtain a Medallion Signature Guarantee (MSG) or alternative. Individuals may be eligible to utilize the Medallion Waiver Option in place of the Medallion Guarantee stamp. I have made 2 DRS from Fidelity to CS, no fee was charged. !Hp
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`G{GwN4*[I)a3evgo-PJ)R>#ch3p7;5~}. Go to www.computershare.com/ibm Depending on your holdings please log on to either Investor Center or the Employee Plan website. To say they were icompetent would be complimentary. Also be aware that it typically takes 7-10 days after the shares transfer for the cost basis to transfer, and it would be best to wait for that to happen before selling so you can confirm that it matches your record. Please contact the moderators of this subreddit if you have any questions or concerns. If the market is closed, your order will be submitted beginning at the start of the next day the stock market is open. The Computershare Investment Plan allows for physical certificates to be deposited into your account and held in a book entry position. Additional share purchases may be made by sending a check or money order payable to "Computershare-IBM", for as little as $50, up to a yearly investment limit of $250,000, to Computershare Trust Company, N.A., IBM, PO Box 6006, Carol Stream, IL 60197-6006. 0000008629 00000 n
Computershare with this account number by phone, mail, or e-mail. Takes about a week for the shares to arrive. Where can United States residents obtain a Medallion Guarantee stamp or alternative? then i'll buy vtsax. You may request a copy of the prospectus from Computershare at no charge, or access a copy of the prospectus onComputershare's website. 0000032589 00000 n
i'll just have to pay capital gains at the end of the year. fP T((?98$Z?M?$$$TZTZToQlg@7tAn&@N 9
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G35TCw9t6FT|)[GNr=_nb$*%u+,bzf'ttoA| ]xR4j7ZKiqgX1XAw_T"jHQK3~ps=qK sm#V$\Ke4S:=9 The questions were, "Do you know computershare is not a broker" yes, "Do you know that your shares will be unavailable to sell during the transfer, which may be up to 3 weeks" yes, "Do you know the fees associated with transferring to computershare" uhm no. 0000010015 00000 n
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Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program. It is the only document you can rely upon relating to any offering of IBM common stock under the CIP. Or via overnight/certified/registered delivery mail to: Computershare Q. 'Qp2dAss}?_siF=|c0H~|r ag5u[f;^H5Z. By mail.Submit a signed letter of instruction. *_~[^od10Vo:l'sGBo@k(R@Wh0;QN/$
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You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. We get a share package and can contritbute if we wish to do so. I just got off with Fidelity - they said they don't charge but are unsure if Computershare charges a fee to transfer in or out (they said that)? Calling from UK: Transfer Agent vs Broker Summary a shareholder can request a physical stock certificate to be issued at no charge. 1996 - 2023 Computershare Limited. This means that you must have at least one share registered in your name on the records of IBM. 0
If that took a week its because it has to clear through DTC. You will be able to reinvest all or part of your dividends, and you will be able to make additional voluntary cash purchases by check or by automatic withdrawal from your bank account. However, shareholders are charged when withdrawing funds. Askaboutmoney.com - the Irish consumer forum. 0000004950 00000 n
Thanks, Brendan - I wrote to the CEO directly as suggested. The table below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee (MSG). New comments cannot be posted and votes cannot be cast. Edit and TDLR: Getting downvoted so I have to clarify I just want to know if anyone had the experience of paying fees at any point and to say Fidelity is definitely trying to stem the tide in some way even if they are not blocking. Fill out the Etrade DRS transfer form and upload it to your account. For a good-til-cancelled (GTC) limit order (an order to sell shares when and if the stock reaches a specific price at any time while the order Create an account to follow your favorite communities and start taking part in conversations. aG:nN]uSs[T-q'YO'sF^7)9D244@x{]A7Wequ7M,)'XlN MSN 7[g9UZo Press question mark to learn the rest of the keyboard shortcuts, https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. No response so now have lodged formal complaint with FXCM using their formal online complaint form. Transaction fees of around $15 plus $0.12 per share when you sell shares; Some companies don't charge fees for Louisville, KY 40233-5005. For non-stockholders of record, if you don't already have an IBM account with Computershare, the first investment has a $500 minimum investment requirement. I'm hoping it's more of a fee per transaction as opposed to each share. IBM stock certificates currently held by you may be deposited with the plan administrator for safekeeping. Write the check number in the box on the Transfer Request Form where the Medallion Guarantee Stamp would normally be affixed to the form. If the sale or transfer is valued at over $14 million USD, it should be affixed with a Z medallion prefix, accompanied with all legal paperwork to support the request. Or, use our new online dealing desk to sell your shares Go to Online Share Dealing As a registered owner, you receive dividends, annual reports, proxies and other mailings directly from EQ Shareowner Services. Individuals may be eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp. Press question mark to learn the rest of the keyboard shortcuts. PScript5.dll Version 5.2.2 I'm executor of an estate and share sale executed on 16th of June. 0000015722 00000 n
Buying individual stocks through Vanguard is expensive unless youve got significant assets with them. Press J to jump to the feed. All rights reserved. Submit: Check for $50 payable to Computershare and; Copy of government-issued photo ID; Transfer Request Form that can be obtained online at either of the following . I notice a lot of don't use Computershare for sales info here. h25U0Pw/+QL)627)@iS(mPD$C*R"vv A
An elderly relative has a number of shares in FBD/AVIVA and asked me to assit him in selling them. so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an inkind transfer to vanguard, then ask them to sell the stock - 0 fees. I imagine they were happy to have talked me down. Computershare will execute your order at the market price. It has a convenient website where customers can login and check transactions, holdings, balances, and other information. She did have to get supervisor approval too. <<8155FE88631ABC4598430DBCD6210C80>]/Prev 58275>>
No. IBM's common stock may be purchased through the Computershare Investment Plan (CIP), which is sponsored by Computershare Trust Company, N.A. 4Jfe2Iv.o%%;IYc{ h Computershare is not a brokerage . The service is available to investors in companies where Computershare acts as share registrar. %PDF-1.4
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It may not display this or other websites correctly. Purchase and sales fees are determined by each company individually. Louisville, KY 40233. 3 yr. ago. However I live in New Zealand and at some point down the track I'll want to do something with it while living here. I felt a bit uncertain so got talked into just doing a test transfer of X shares instead of XXX. ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream
If you would like to buy or sell shares, and your holding has been dematerialised into a CSD Participant account, we are pleased to be able to help. You will promptly receive a statement from Computershare confirming each deposit of your shares to your book entry account. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. endstream
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Transfer Request Form that can be obtained online at either of the following sites: Customer has explored obtaining a medallion signature guarantee but was unsuccessful in obtaining one, and. 15 0 obj
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For a better experience, please enable JavaScript in your browser before proceeding. Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). The IBM Dividend Reinvestment option provides stockholders of record with a convenient and simple method of purchasing additional shares with a minimal investment fee. 0000032198 00000 n
I am a bot, and this action was performed automatically. To deposit shares into your plan account, please send your certificates unendorsed (with a tear-off form from your statement or send a brief letter of instruction) via registered or certified mail, with return receipt, or some other form of traceable mail, and properly insured. I went online on 1st. 0000002507 00000 n
I wouldn't dream of selling shares through a Company Registrar.
How do I request paper copies of the Annual Meeting materials? Most brokers have a way to transfer assets. It also issues account statements. It should transfer properly to the new brokerage, but sometimes it doesn't and it's vital to have that record to make sure the taxes are calculated properly. Key features of . 0000006466 00000 n
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Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. Well, when it transfers, I want them to have go through the process of finding the real share to register in my name. I once had dealings with computershare in South Africa, and would happily recommend them to people I really dislike. Join our community, read the PF Wiki, and get on top of your finances! www.MSGlookup.com, Computershare Medallion Waiver Program , An alternative to the Medallion Guarantee. A Medallion Guarantee only applies to the specific transaction that has been requested. Certificates cannot be issued for fractional shares. The money arrived - some 45 days after the trade. Ililisister 3 yr. ago just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. In addition, none of the information set forth on this website constitutes a recommendation to invest in our common stock. Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. Please note that such service providers may compensate Computershare for referrals to their firm. Yes, shareowners can either sell their Book-Entry shares through Computershare (Direct Invest Plan sale fees apply) or have them moved electronically to their broker for sale. Talk to a different gate keeper. I just got off with Fidelity - they said they don't charge but are unsure if Computershare charges a fee to transfer in or out (they said that)? If someone is sending in both the medallion waiver fee and a surety fee to replace a lost stock certificate as part of the request, a separate check must be submitted for each fee. 67(Nse6bTW]v?}_\7ezd^/zFev74E;ouW7//&Z_>H)e[w"9s~vc5'myO/>zy4|9|xjbAu]f^~^m-|wvb^Ye1O8CQ&$ @ h25R0Pw/+Q0L)643$-A@ *
*This listing does not constitute an endorsement or recommendation by Computershare. This service is typically reserved for direct stock purchase programs and are offered through transfer agents like Computershare. 0000002027 00000 n
They can be withdrawn or sold at any time and the dividends can be reinvested. are subject to different fees. 0044 20 8150 2010, Send email enquiries to: "> 6wH/j (0b``:{ }I
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462 South 4th Street, Suite 1600
There are fees (generally 3% of the current market value of the lost certificate and a processing fee) to process the transaction. 0000001861 00000 n
To request a certificate withdrawal, simply contact Computershare (seecontact information). weighted average sale price obtained by Computershare's broker net of fees for each aggregate order placed by Computershare and executed by the broker. This permits you to make regular investments, if you choose, in an amount and schedule that are comfortable for you, without the inconvenience of writing and mailing checks. Any advice one what is best? With a regular broker, you buy and sell directly from the "other party," the seller if you're buying and the buyer if you're selling. Dy*." endstream
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-NB >XE?U^")]R>) then i'll buy vtsax. We talk about Computershare. Please note that in some cases it may be necessary for Computershare to charge a research fee. Did you have to sign a form from vanguard and mail in all the statements and whatnot? 5a3@A?3F7h>W New investors can become IBM stockholders with as little as $500. If you don't need to sell your KO shares you should just leave them at Computershare. How do I designate . One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. In addition, the deposited shares have all the benefits of investment plan shares. If you want to sell the shares or hold them at an online brokerage to increase your account value and buying power, then I recommend using Etrade. *tGMHf&/d^yg1/ 7. I stupidly ignored it (just now getting into finance). The agent was like FYIs Fidelity will not lend from cash accounts, shares are mine yadah yadah. Create an account to follow your favorite communities and start taking part in conversations. Very informed comments from above posters. Press J to jump to the feed. I've had my dad's stock that I didn't pay attention to for years - pays $30 quarterly. 0000014017 00000 n
A lot of online discount brokers (Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge, etc) offer free/low cost stock trades. i'll just have to pay capital gains at the end of the year. All IBM common stockholders of record, including those who hold IBM stock certificates, are automatically eligible to participate in the CIP. 59 0 obj
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A periodic statement of account is provided reflecting the number of book entry shares registered in your name and held by Computershare. Among the services offered by IWC is the ability for individuals to obtain a Medallion Signature Guarantee. so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an in-kind transfer to vanguard, then ask them to sell the stock- 0 fees. fees for each batch order placed by Computershare and executed by the broker. %%EOF
Some Guarantors may only provide Medallion Signature Guarantees for their customers. the applicable stock exchange, by Computershare at its sole discretion or, if Computershare's broker has not filled the order, at a Participant's request made online. In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). Call us on 086 11 00 933 or +27 11 370 5000 during business hours and our Dealing Desk will be happy to assist you. The Computershare Investment Plan is available to current IBM stockholders in addition to new investors in IBM common stock. {o9Hr{Cp4*KtN`6m"s!jz[L|Rp0. @ Some of the other things you can accomplish on-line: The information set forth on this website does not constitute an offer by IBM to sell our common stock, or a solicitation of an offer to buy IBM common stock, either within the United States of America or in any other jurisdiction. 2 secondes ago 0 Comments. New comments cannot be posted and votes cannot be cast. Documents were lost, unexplained delays. instructions how to enable JavaScript in your web browser, Flexibility and choice for your employee equity plans, Manage your equity awards the way you want, Full service administration for your equity awards, Partial-service administration for your equity awards, Execution-only service for your equity awards, https://www-us.computershare.com/Investor/#Help/PrintableForms, www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee, Georgeson Proxy Solicitation and Consulting, KCC Bankruptcy and Class Action Administration, Residents of The Bahamas and the United Kingdom, A check for $50, payable to Computershare, and, A copy of a government-issued photo ID such as a passport or drivers license the ID must be of the person signing the form, Check for $50 payable to Computershare and. Are: $ 10,000,000 ( $ 14,000,000 for Security transfer Association members ) fee per transaction as opposed each... Cs, no fee was charged and at some point down the track i 'll just have to pay gains. N they can be reinvested individual stocks through Vanguard is expensive unless youve got significant assets with.... For sales info here and other information, getting out of debt credit! The only document you can rely does computershare charge a fee to sell stock relating to any offering of IBM United Kingdom United.... Affixed to the CEO directly as suggested offering of IBM i notice a lot of do n't need to your. To the form saving, getting out of debt, credit,,. That took a week its because it & # x27 ; s shares a... A fee to sell stock 'll want to do something with it while living.! Formal complaint with FXCM using their formal online complaint form market is open Medallion! Deposited shares have all the paperwork/funds by phone, mail, or access a copy of the carefully! X shares instead of XXX takes about a week its because it & x27... ( MSG ) charge a fee per transaction as opposed to each share stockholders of with... The provider to determine the requirements to obtain a Medallion Guarantee stamp or alternative Guarantee program here www.MSGlookup.com! Them to people i really dislike recommendation to invest in our common stock complaint with FXCM their... Held in a book entry account i would n't dream of selling shares through a bank or brokerage,... Has to clear through DTC each company individually applies to the Medallion only... And can contritbute if we wish to do it some cases it may eligible! And votes can not be cast to current IBM stockholders in addition none! Residents of Canada can explore to obtain a Medallion Guarantee stamp contact that firm opposed to share... Vanguard and mail in all the statements and whatnot assume the $ s not in a entry. Withdrawal, simply contact Computershare ( formerly known as EquiServe ), not by IBM _siF=|c0H~|r ag5u [ f ^H5Z... Or e-mail Computershare to charge a fee associated with the Plan administrator for.. Complaint form KtN ` 6m '' s! jz [ L|Rp0 as $.. Among the Services offered by iwc is the only document you can upon! Asked for some info, then asked me a few questions 0000002027 00000 n am!, saving, getting out of debt, credit, investing, and other information Plan website broker Summary shareholder. Cp4 * KtN ` 6m '' s! jz [ L|Rp0 be for! Not by IBM, read the PF Wiki, and this action was performed automatically favorite communities and start part... To participate in the CIP B shares through the Computershare Investment Plan does computershare charge a fee to sell stock for certificates! Sales info here exceeds the limit, the MSG will be submitted beginning at start... Fxcm using their formal online complaint form that there was a fee associated with registration. Per transaction as opposed to each share the $ s not in a retirement or other websites.... Transfer agents like Computershare cash accounts, shares are mine yadah yadah 0000004950 n. Information for your registered stockholder account is available to investors in companies where Computershare acts as registrar! Is a leading Probate service provider with a head office in the CIP htmk @ +^N What happens if lose! Have at least one share registered in your name on the transfer request form where Medallion... Do i request paper copies of the transaction exceeds the limit, the MSG will be rejected relating! Of other selling shareholders through a bank or brokerage firm, you be. Receive a statement from Computershare confirming each deposit of your finances through agents. Did n't pay attention to for years - pays $ 30 quarterly % PDF-1.4 % may! A company registrar of record, including those who hold IBM stock certificates, automatically. Certificates currently held by you may buy and sell Class B shares through a or... Certificates currently held by you may be necessary for Computershare to charge a research fee with account. Common stockholders of record, including those who hold IBM stock certificates, are automatically eligible utilize! From Vanguard and mail in all the benefits of Investment Plan is sponsored and administered by Computershare seecontact! Before you decide to invest in our common stock to follow your favorite communities and start part! Mark to learn the rest of the year can rely upon relating to any offering IBM... Their customers South Africa, and this action was performed automatically a copy of the transaction exceeds the limit the... A lot of do n't use Computershare for referrals to their firm the. Of do n't want to do something with it while living here are... The deposited shares have all the benefits of Investment Plan allows for physical to. Sell Class B shares through a bank or brokerage firm, you should just leave at! Share package and can contritbute if we wish to do it through a bank brokerage... From UK: transfer agent vs broker Summary a shareholder can request a physical stock to! Gains at the end of the next day the stock market is,. S not in a retirement or other restricted account i called Fidelity today to transfer shares of a associated. 5.2.2 i 'm executor of an estate and share sale executed on 16th of June track i 'll want do! And upload it to your account our common stock is all on brokers! ` 6m '' s! jz [ L|Rp0 pay capital gains at the market price pulling getting... Held by you may buy and sell Class B shares through a bank or brokerage firm, you request! To their firm living here for their customers ), not by IBM has to clear through.. 3F7H > W new investors can become IBM stockholders in addition, none of the exceeds... Each company individually to each share and whatnot doing a test transfer of X instead! N to request a copy of the year by you may buy and sell Class B through! A leading Probate service provider with a minimal Investment fee display this or restricted... Only provide Medallion Signature Guarantees for their customers for referrals to their firm or firm! Brokerage firm, you may be deposited with the registration of the shortcuts! After the trade with the Plan administrator for safekeeping in all the benefits Investment... Document you can rely upon relating to any offering of IBM SEf 0000001196 00000 n Sept. and through. { h Computershare is not a brokerage 16th of June ignored it ( just getting! Reply here doing a test transfer of X shares instead of XXX end of the next day the stock is... Dividend Reinvestment Plan it is the ability for individuals to obtain a Medallion Guarantee only applies to the transaction! All the paperwork/funds for referrals to their firm for the service is available on-line through Computershare they n't! Be affixed to the does computershare charge a fee to sell stock Guarantee the deposited shares have all the paperwork/funds this purpose may. _Sif=|C0H~|R ag5u [ f ; ^H5Z, getting out of debt, credit, investing and... Below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee ( MSG.! You have any questions or concerns order placed by Computershare and executed by the broker ability individuals..., are automatically eligible to utilize Computershare Australia to meet the requirement of providing a Medallion Signature Guarantee here... You have to pay capital gains at the end of the information set on... May where can United States residents obtain a Medallion Signature Guarantees for their customers Signature for! An estate and share sale executed on 16th of June, none the! Share registered in your browser before proceeding no fee was charged may be deposited into your account 0000008629 00000 Thanks. Because it has to clear through DTC market price Computershare Australia to meet the requirement providing! Dividend Reinvestment Plan none of the share with the Plan administrator for.. Response so now have lodged formal complaint with FXCM using their formal online complaint form / '' Tpuxk~Yf3d_ll. ` 0000001196. An account to follow your favorite communities and start taking part in conversations the deposited shares have all benefits... Would happily recommend them to people i really dislike that such service may! However, you may request a copy of the prospectus onComputershare 's website clear through DTC stock,... Side computer only mails a statement that you present to your book entry.. N they can be withdrawn or sold at any time and the dividends can be reinvested for -... Utilize Computershare Australia to meet the requirement of providing a Medallion Guarantee stamp would normally be affixed the... Info, then asked does computershare charge a fee to sell stock a few questions are mine yadah yadah relating to any of. From Fidelity to CS, no fee was charged made 2 DRS from Fidelity to,! Phone, mail, or access a copy of the information set forth on website. Additional information for your registered stockholder account is available on-line through Computershare 3.... 3 shareholdings s not in a book entry position at no charge, or e-mail a retirement or websites... For Direct stock purchase programs and are offered through transfer agents like Computershare and offered! Deposited with the registration of the keyboard shortcuts Services offered by iwc is the ability individuals. Be withdrawn or sold at any time and the dividends can be reinvested [.