How to handle Xero delisting from the NZX

Content also available for tax entities or on our global site.

Sharesight makes it easy for investors to handle corporate actions (even complicated delistings and transitions to other Stock Exchanges) and track the capital gains tax implications. The benefit of using Sharesight to track Xero delisting from the NZX and transitioning to a sole listing on the ASX also ensures that you maintain an accurate record of your portfolio to track your true performance.

1 – From the Portfolio Overview Page, click on NZX Xero, ‘Xero.NZ’ to go to the individual holding page.

How to handle Xero delisting from the NZX step one

2 – Click on ‘Holding Settings’.

How to handle Xero delisting from the NZX step two

3 – Click on ‘Merge this holding’.

How to handle Xero delisting from the NZX step three

4 – On the Merge Holding pop-up window, set the ‘Date of Merger’ to either 01/02/2018 or 02/02/2018.

How to handle Xero delisting from the NZX step four

5 – Type ‘Xero’ or ‘XRO’ in the search field and select ‘ASX:XRO Xero LTd’ from the dropdown list.

How to handle Xero delisting from the NZX step five

6 – Type in the number of shares held in NZX:XRO on the date of the merger in the ‘Quantity’ field.

How to handle Xero delisting from the NZX step six

7 – In the ‘Comments’ field, type a note for your reference of why this merger happened.

8 – Click ‘Save changes’.

How to handle Xero delisting from the NZX step seven & eight

The Xero ASX Individual Holding page will load with the merged shares added.

How to handle Xero delisting from the NZX - individual holding page

The NZX:XRO holding will still appear on your Portfolio Overview page when you have enabled the Open & Closed Positions setting.

How to handle Xero delisting from the NZX Portfolio Overview page

The guide above is a suggestion on how to handle the corporate action in Sharesight and is not finance or tax advice. We advise you to consult your financial advisor or accountant. We also encourage you to review the official documents for full details.

Last modified on December 18, 2023 UTC

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