Haleon

GB00BMX86B70

HLN

HLN

Hello Community,

I'm reporting here because I can't get rid of a topic. It is now somehow not so dramatic, but since I like to have things neat (especially statistics ;)) I think about it again and again.

First of all: I have my account with ING. There I have at the time of the demerger/reverssplit of $GSK (old) held. These were then as expected by $HLN (-2.35%) shares in the same amount and then the GSK shares were exchanged for new $GSK (-2.62%) shares in a ratio of 5:4.

So far so good. But now GSK has taken the purchase value of the old GSK shares and simply split it 50/50. That means on the new GSK shares I have a nonsensically low purchase value (and am accordingly strongly in the plus) and with those of Haleon I have a nonsensically high purchase value, clearly over what was ever possible with the share.

Of course, it's great that if Haleon develops positively, I don't have to pay taxes on this increase in value when I sell it. However, if I sell GSK, I will be asked to pay a lot of money because it is almost 60% up. Does not feel right.

To make it perfect this did not happen analogously at Getquin.... But that could also be due to the fact that the ING to top it all off has also first settled Anders, then canceled and then divided as discussed...

Now the question, how were the acquisition values divided with you?

🇬🇧 Post-purchase No. 4 in August '22 🇬🇧

Hi there friends 🙋‍♂️. The post-purchase in today's post is also already a bit ago, but for the sake of transparency, I tell you about it 👍.

➡️ 800 shares of Haleon PLC were bought into the portfolio at 2.595 GBP per share. Due to the spin-off of GSK, 200 shares have already been booked there, which is why I now hold a total of 1000 HLN shares.

Do you also have Haleon shares in your portfolio? How do you see the future development❓?

➡️ As part of the spin-off of GSK's Consumer Healthcare division, 200 shares of Haleon have already been booked to my account. As usual with such spin-offs, this is usually quite a small position size, in my case just around 470 GBP.

➡️ The additional purchase of 800 HLN shares now brings the position to a reasonable size (0.98% weighting) and allows me to write covered calls in London.

➡️ Haleon's brand portfolio is already very well stocked with names like Sensodyne, Voltaren, but also Fenistil (should be well known herezulange).

➡️ A preliminary half-year report already shows good growth, at least on the sales side. Organic growth is targeted at 4-6%. The full report will be published on September 19. Then I will also see whether the direction is right.

➡️ Next year there will be a dividend based on the H2 figures. Payout ratio will probably be around 30-50%.

Unbundling procedure at Trade Republic

I am completely at a loss. In July, the stock was booked with and the tax for the chess dividend was deducted from my clearing account. I was in the negative and made up the amount by transferring it. Today the Haleon share is suddenly 50% in the minus and the tax is again on my clearing account, but the cost price is higher and I am more in the minus. Does anyone know what is going on here?

HELP HELP HELP!!!!

I got the stock last week and sold it.

Comdirect deducts 26% tax as normal and I still have a loss pot of about 2000€.

is that correct from comdirect?