Continental Stock Transfer and Trust Company now offers a Share Sales Program for issuers trading on the open market that do not currently have a Dividend Reinvestment or Direct Stock Purchase Plan. Continental provides shareholders the ability to sell their physical stock certificates and/or DRS book position without having to move the share positions to a stock broker.

Sale requests will be processed in batch on a weekly basis and executed at the market price of the stock on the sale date. Checks will be mailed to the address of record. The sale transaction fee and broker commission are paid by the shareholder and there is no cost to the issuer for the Plan. Since implementing the plan in the beginning of June 2022, Continental has implemented sales plans for sixteen publicly traded companies. We continue to explore additional opportunities to add to this list and expect to have significantly more companies enrolled within the next six months.

The criteria for enrollment is fairly simple, you must be a publicly traded entity that is actively traded on one of the major exchanges. 

For more information about our sales plan and to see if your company’s stock is eligible to be added to our sales plan program, connect with your Account Manager for more information.