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 ```What is the tax basis on a share of America online stock purchased on the day it went public, today? And what date was it that it went public? So essentially to answer this question you need the date it went public, the number of times it has split since then, and the opening share price. Thanks. PA - Obviously it is now a share of time warner, but I need to know the basis as if your share of time warner was purchased on the IPO date as an AOL share.```
 ```Hi flahertyjp, Thank you for your questions. This page on the TimeWarner website answers a couple of them: Historical Price Lookup http://ir.timewarner.com/lookup.cfm?ptype1=1 Date AOL went public: March 19, 1992 Opening share price: \$0.10 This other TimeWarner page has information about the stock splits: Stock Split Information http://ir.timewarner.com/splits.cfm?ptype1=1 As you can see there were 7 AOL stock splits. However you don't need to calculate anything as the Yahoo finance brings the answers together: Price history for TimeWarner http://finance.yahoo.com/q/hp?s=TWX&d=0&e=16&f=2006&g=d&a=2&b=19&c=1992&z=66&y=3432 As you can see it also shows an open on 19 March 1992 at an adjusted price of 11 cents. If you look at the last column called "adjusted close" and the reference to it at the bottom of the page that states "Close price adjusted for dividends and splits.", then you can see that you need to look at the last column on the first page for your answer. The adjusted closing price on January 13th 2006 is \$17.27, which means that one share bought on 19 March 1992 would be worth 172 times more today in dollar terms. You can see the effect of the first stock split here: AOL historical price on 23 November 1994 http://finance.yahoo.com/q/hp?s=TWX&a=10&b=22&c=1994&d=10&e=25&f=1994&g=d The stock price just about halved, however the adjusted price column didn't move as expected. If you require anymore information please let me know and I'll do my best to help. Thanks. endo Search strategy aol historical prices ://www.google.com/search?q=aol+historical+prices Yahoo Finance http://finance.yahoo.com/q?s=TWX```