New Summary: Disney ends paper stock certificates

Published on NewsOK Modified: October 9, 2013 at 6:50 pm •  Published: October 9, 2013
Advertisement
;

PAPER STOCKS TO DISAPPEAR: The Walt Disney Co. said that it will stop issuing paper stock certificates to shareholders on Oct. 16.

NO MORE MAGIC: The stock certificates, with images of Mickey Mouse, Dumbo and Tinker Bell on them, have long been collector's items and a fixture in many children's bedrooms. They are a popular gift among parents, grandparents, uncles and aunts who want to teach kids about the stock market.

WHY?: Companies want to cut costs. Printing the stock certificates can get expensive.


Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Kevin Durant, Russell Westbrook finish among top selling jerseys in NBA
  2. 2
    Jews ordered to register in east Ukraine
  3. 3
    'X-Men' Director Bryan Singer Accused Of Sexually Abusing A Teenage Boy
  4. 4
    A Teenager Was Hilariously Caught By Police Trying To Organize A Massive Party On Twitter
  5. 5
    Drone used for selfies
+ show more