---
title: "Why is the buy average price of some purchased shares incorrect?"
description: "Your buy average on Console is determined using the FIFO (first in, first out) method. However, after corporate actions such as bonus, splits, rights…"
category: console
subcategory: portfolio
slug: why-is-the-buy-average-price-of-some-purchased-shares-incorrect
canonical: https://support.arrow.trade/console/portfolio/why-is-the-buy-average-price-of-some-purchased-shares-incorrect/
---

# Why is the buy average price of some purchased shares incorrect?

> Your buy average on Console is determined using the FIFO (first in, first out) method. However, after corporate actions such as bonus, splits, rights…

## Short answer

Your buy average on Console is determined using the FIFO (first in, first out) method. However, after corporate actions such as bonus, splits, rights issue, de-merger, merger, and others, your buy average may become inaccurate.

iRage manually updates the adjustment for such corporate actions once they are completed and all relevant information is provided by the company/exchanges. This process typically takes around 2 weeks from the date of the corporate action.

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---

Source: https://support.arrow.trade/console/portfolio/why-is-the-buy-average-price-of-some-purchased-shares-incorrect/
Publisher: Arrow / iRage Broking Services LLP