If you have sold or plan to sell any of your shares of Edison International stock, you need to determine your tax basis in order to compute the gain or loss on the shares. The tax basis is compared to the proceeds received from the sale of shares to determine the gain or loss for income tax purposes. The tax basis may also be important for gift or estate tax purposes. As stock splits affect cost basis, it is important that you include this information in your calculations. If you have purchased and sold shares in the open market, you should consult your own tax advisor regarding the calculation of your tax basis. The information on this Web site does not constitute tax advice. It does not purport to be complete or to describe the consequences that may apply to particular categories of shareowners.
If you are calculating your tax basis within Edison International’s Dividend Reinvestment Plan (DRIP), please consult the table below for average historical prices from 1976-1999.
Average Prices of Shares Purchased Through Edison International's Dividend Reinvestment and Stock Purchase Plan From 1976 Through 1999
The following information should specifically be used for Edison International shareholders participating in the Dividend Reinvestment Plan. The template can be used to determine original purchase price, also known as cost basis of Edison International shares in dividend reinvestment. The determination of the original price can be used for tax purposes to calculate gains or losses.
Dividend Reinvestment and Stock Purchase Plan Statements of Account for certain years are no longer available due to revised records retention rules and regulations. If you have misplaced your Statements, please use the following information to calculate the cost of shares acquired for you through the Plan. On August 10, 1984, and June 1, 1993, the company completed 2-1 stock splits. The average prices listed below reflect the the post-stock split price.
Example: If you participated in the Plan from 1976 through 1999 (24 years), you would need to add the total average prices and divide by 24 ($355.0929 divided by 24 = $14.7955 per share). After arriving at the average price, you can multiply the average by the number of shares purchased and arrive at the total cost.
Year | Average Price |
---|---|
1976 |
$ 5.1456 |
1977 |
6.1719 |
1978 |
6.3170 |
1979 |
6.3242 |
1980 |
6.0547 |
1981 |
6.5664 |
1982 |
7.7774 |
1983 |
9.9141 |
1984 |
10.3282 |
1985 |
12.0782 |
1986 |
15.7538 |
1987 |
16.2649 |
1988 |
16.2751 |
1989 |
17.3289 |
1990 |
18.7784 |
1991 |
20.3962 |
1992 |
22.1259 |
1993 |
23.4613 |
1994 |
15.5290 |
1995 |
16.7703 |
1996 |
17.7034 |
1997 |
24.2333 |
1998 |
27.9891 |
1999 |
26.3056 |
If you find that you must have your statements, please send us your request and we will attempt to obtain copies for you. Please allow a minimum of eight to ten weeks for the reproduction of statements.