Hi
Where I work we have an employee stock purchase scheme where a percentage of our wage is taken each month for 6 months and then stock is bought at a 15% discount from either the price at the beginning of the 6 month period or the end whichever is lowest.
Im currently enrolled to have 10% taken each month and this coming month is the last month. What im wondering is if its worth getting the shares with the 15% discount and selling straight away or pulling out of the scheme and getting my money back which is possible to do.
By the end of the program I probably end up with around 4 shares in the company
I understand there is always a risk involved when buying shares and the shares for our company are predicted to get quite high over the next 12 months
So what would you do? Iv managed without the money for the past 5 months so getting it back quick is not an issue.
Cheers
Scottio
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