What is the minimum amount of shares I am able to purchase?

Your initial purchase of any particular shareholding must be at least $500 worth of shares, known as a 'minimum marketable parcel of shares'. CommSec may then allow you to purchase smaller amounts of shares to top up existing shareholdings. For example, if you hold $500 worth of shares in XYZ you may be able to purchase a smaller amount of XYZ to increase your existing holding.

Please note: CommSec can only consider CHESS sponsored securities with CommSec when reviewing your holdings. Any issuer sponsored holdings or holdings with other brokers cannot be accounted for by CommSec.

For further clarification regarding marketable parcels, please call CommSec on 13 15 19 or +61 2 9115 1415 if calling from outside Australia (8am to 7pm, Sydney time, Monday to Friday).

Answers others found helpful

When am I eligible to receive a dividend?

A dividend is a portion of the company's profits paid out to shareholders. To be eligible for a dividend, you must purchase the stock during or prior to the cum-dividend trading period and hold the...

How do I accept a takeover or buyback?

For CHESS sponsored holdings, please call CommSec on 13 15 19 or +61 2 9115 1417 if calling from overseas (Monday to Friday, 8am to 7pm, Sydney time).

CommSec will require the account holder's...

Follow us on:

Download the CommSec App

 

Disclaimer

This site is directed and available to and for the benefit of Australian residents only. © Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 ("CommSec") is a wholly owned, but non guaranteed, subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 and both entities are incorporated in Australia with limited liability.

By clicking on the "Download the CommSec App" buttons above, you will be directed to itunes.apple.com or play.google.com. These sites are not affiliated with CommSec and may offer a different Privacy Policy and level of security.

Top