what happens if i own shares that undergo a reverse stock split 
with a reverse split shareholders of record will see the number of shares they own be reduced but also see the price of each share increase in a comparable manner for instance in a 1 10 reverse stock split if you owned 1 000 shares that were trading at 5 just before the split you would then own 100 shares at 50 each your broker would handle this automatically so there is nothing you need to do a reverse split will not affect your taxes 3