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  1. #1

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    Disney Stock Certificates Are Going Away

    I hope this is the right area to post this in. Just saw this online this afternoon and felt it was newsworthy.

    Disney stock certificates off to Never Never Land - Yahoo Finance


    Disney stock certificates off to Never Never Land

    NEW YORK (AP) Stock certificates issued by The Walt Disney Company are heading off to Never Never Land.
    The stock, which features images of Dumbo, Bambi, Mickey Mouse, Cinderella and other Disney animated characters, have long been a collector's item and are pitched by numerous online vendors as a way to teach children about investing.
    However, U.S. corporations have been switching to electronic stocks for years and on Oct. 16, Disney will follow suit.
    Most do so for cost savings, but Disney also cited security.

    "Like hundreds of other companies, Disney will no longer be issuing paper stock certificates in an effort to create a more secure and efficient system," the company said in a statement. Given their popularity, there may be a rush to buy with one week remaining to do so. Disney shares are listed as the No. 1 seller on the website giveashare.com Shares of the Burbank, Calif., company hit an all-time high in May and are already up close to 30 percent this year.
    I'm not a shareholder myself, let alone do I know anything about stocks. But after I saw the image of the certificate, being a die hard Disney fan for such a long time, I felt it was worth to share the news over here to let others know about it.
    "Our greatest natural resource is the minds of our children." - Walter Elias Disney

  2. #2

    • World Famous Gold Mickey
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    Re: Disney Stock Certificates Are Going Away

    So it makes me wonder why in the world they were asking opinions at D23 about what characters/pictures/etc to put on the stocks. I think they may come out with something like for an extra price you can get this with your choice of the following or something.... Or maybe stock holders will get their own line of merchandise.....

  3. #3

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    Re: Disney Stock Certificates Are Going Away

    I found out about this today too, overhearing a coworker.

    Ended up getting one. I always wanted one of those certificates, now is a good reason to get one. I'll be an official Disney stockholder!

    Now I'm an investor in my two favorite things, Disney and Lakers


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