Help with Exelon Corp spinoff of Constellation Energy

How do i deal with the spinoff of Constellation Energy from Exelon Corp?

Hi @jhosk122 welcome to the community! :wave:

So it looks like EXC holders receive 1 CEG stock for every 3 units of EXC that they hold. So all you’ll need to do is manually enter an opening balance trade for CEG for the units you received.

Thank you. What about the cost bases? Do I reduce my pre-spinoff costbase for EXC by 1/4, which becomes the cost base of CEG?

Does your cost base need to reduce?