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you can see how yahoo do it on the aug 2014 dividend. they accumulate the dividends of feb 2015 + aug 2014 and subtract it off the actual close to derive the adjusted price. this creates other problems as you can see the adjusted price starts drifting away from the actual price.


https://au.finance.yahoo.com/q/hp?s=CBA.AX&a=11&b=12&c=1980&d=03&e=8&f=2015&g=d&z=66&y=132


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