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How to delete BMY RT from portfolio? Edited by user Wednesday, February 3, 2021 2:12:50 PM(UTC)
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The Bristol Meyers Squib Contingent Value Rights became worthless when one of the conditions for payment to rights holders was not met by the 12/31/2020 deadline.
To remove the BMY rights (BMYRT) from a portfolio, just enter a sell transaction. Since you received nothing for the rights, the proceeds from the sale are zero. If the program you are using does not allow for zero to be entered directly as the total proceeds, enter 1.00 as the sale proceeds with a commission of 1.00.
Russell Malley
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