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-   -   Who gets the funds from a stock purchase? (https://www.askmehelpdesk.com/showthread.php?t=339635)

  • Apr 9, 2009, 04:21 PM
    wallbanger
    Who gets the funds from a stock purchase?
    When I buy common stock from a broker how is the money distributed and where does it go... what does the company do with its share?

    Wallbanger
  • Apr 9, 2009, 04:27 PM
    ScottGem

    The cost of the stock goes to the owner of the stock, less the commission paid to the broker.

    The company that issued the stock, may get nothing from the sale it unless they sold the shares.

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