cvs stocks

[sosoo]

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hi i wonder if anyone here knows, for the cvs employee stock purchase how long must u hold on to the stock before u can sell it? also what price are they making the purchase? thanks for any info.

 

[Farmercyst]

hi i wonder if anyone here knows, for the cvs employee stock purchase how long must u hold on to the stock before u can sell it? also what price are they making the purchase? thanks for any info.

I know WAGS is 90 days. I'd be surprised if CVS was much different.

 

[Dr Wario]

hi i wonder if anyone here knows, for the cvs employee stock purchase how long must u hold on to the stock before u can sell it? also what price are they making the purchase? thanks for any info.

You must hold the stock for a period of one year since the purchase date. The price you pay will be 15% off the lower of the prices for the first and last day of the 6 month trading period. The trading periods are Jan 1 to June 31 and July 1 to Dec 31 and the purchase date is the day after the trading period ends. You must sign up for the plan before the first day of the trading period and you can put up to 15% of your salary into the plan.

For an example of how this works, say you signed up for the plan and started contributing on Jan 1, 2012. The stock price on Jan 1, 2012 is $20. You contribute for six months and it is now June 31 2012 and the stock price is $25. Because the stock price was lower on Jan 1, you will pay $20 per share less 15% thus you will pay $17 per share when the current market value is $25 per share. This system insures that you will always pay at least 15% below current market price and possibly even less. You must hold the stock for one year from the purchase date (in this example the purchase date is July 1, 2012) thus you may sell your shares on July 1, 2013.

Hope this helps.

 

[Aznfarmerboi]

You must hold the stock for a period of one year since the purchase date. The price you pay will be 15% off the lower of the prices for the first and last day of the 6 month trading period. The trading periods are Jan 1 to June 31 and July 1 to Dec 31 and the purchase date is the day after the trading period ends. You must sign up for the plan before the first day of the trading period and you can put up to 15% of your salary into the plan.

For an example of how this works, say you signed up for the plan and started contributing on Jan 1, 2012. The stock price on Jan 1, 2012 is $20. You contribute for six months and it is now June 31 2012 and the stock price is $25. Because the stock price was lower on Jan 1, you will pay $20 per share less 15% thus you will pay $17 per share when the current market value is $25 per share. This system insures that you will always pay at least 15% below current market price and possibly even less. You must hold the stock for one year from the purchase date (in this example the purchase date is July 1, 2012) thus you may sell your shares on July 1, 2013.

Hope this helps.

I would not buy any CVS stocks as of right now. From an insider point of view and information, CVS stocks will take a beating very soon. This is from management... but it appears that numbers are not being met and pretty dire.

 

[Farmercyst]

I would not buy any CVS stocks as of right now. From an insider point of view and information, CVS stocks will take a beating very soon. This is from management... but it appears that numbers are not being met and pretty dire.

I'd think they'd have a bit to gain from the WAGS/ESRX dispute.

 

[tlh908]

I would not buy any CVS stocks as of right now. From an insider point of view and information, CVS stocks will take a beating very soon. This is from management... but it appears that numbers are not being met and pretty dire.

Do you have insider information that you care to pass along to everyone? Saying you have inside information to act on may get you a visit from the SEC!

 

[PharmDstudent]

Do you have insider information that you care to pass along to everyone? Saying you have inside information to act on may get you a visit from the SEC!

Did someone say SEC? ELLLESSSSHOE, ELLLESSSSHOEE, ELLLESSSSHOEE 😀

 

[Aznfarmerboi]

I'd think they'd have a bit to gain from the WAGS/ESRX dispute.

Unfortuntly, all wall street cares about is if the company will meet the forecast or not.

 

[sosoo]

thanks for all the info. 15% cap from the salary is a little low i think, the profit wont be as i imagine = )

You must hold the stock for a period of one year since the purchase date. The price you pay will be 15% off the lower of the prices for the first and last day of the 6 month trading period. The trading periods are Jan 1 to June 31 and July 1 to Dec 31 and the purchase date is the day after the trading period ends. You must sign up for the plan before the first day of the trading period and you can put up to 15% of your salary into the plan.

For an example of how this works, say you signed up for the plan and started contributing on Jan 1, 2012. The stock price on Jan 1, 2012 is $20. You contribute for six months and it is now June 31 2012 and the stock price is $25. Because the stock price was lower on Jan 1, you will pay $20 per share less 15% thus you will pay $17 per share when the current market value is $25 per share. This system insures that you will always pay at least 15% below current market price and possibly even less. You must hold the stock for one year from the purchase date (in this example the purchase date is July 1, 2012) thus you may sell your shares on July 1, 2013.

Hope this helps.

 

[Bkobe7]

Profit is still profit. Any good reason to skip the next trading period (Jan 1, 2012 to June 30, 2012) and wait until the following trading period to start making contributions?