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Three-for-one
- AUSTIN, Texas., August 5, 2022 – Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a three-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors.
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Aug 5, 2022 · Each stockholder of record on August 17, 2022 will receive a dividend of two additional shares of common stock for each then-held share, to be distributed after close of trading on August 24, 2022. Trading will begin on a stock split-adjusted basis on August 25, 2022.
- Tesla Shareholders Approve 3-1 Stock Split
- Why Tesla Is Splitting Its Shares?
- Tesla’s Split Should Make It More Affordable
Tesla shareholders approved the new stock split at the annual shareholder meeting in Austin, Texas. The company first announced the proposed split several months ago via a March 28 tweet. TSLA stock has been on an upswing since last month, posting its biggest gains since October 2021, and the announcement of the stock split does not take effect imm...
Many experts assume the Tesla split will make the company’s stock more affordable to retail investors. But even after approving the 3-1 proposal, Tesla’s stock is still down more than 28% year to date. This is roughly in line with the broader market, and the Nasdaq Composite index, which Tesla is on, is down 20% year to date. The 3-1 split comes on...
With its stock price approaching $1,000 per share, Tesla has had a hefty price tag for most retail investors for quite some time. The 3-1 stock split should change all that, and it could spur more retail investment in the company. Regarding institutional ownership, the stock is currently held by a wide range of different funds. At the time of this ...
Aug 5, 2022 · Shareholders will receive two additional shares per each owned at market close on Aug. 24. Tesla shares will then trade at the split-adjusted price when the stock market opens on Aug. 25....
Aug 24, 2022 · Key Points. Tesla shares will begin trading on a split-adjusted basis on Thursday. Shareholders voted to approve the 3-for-1 Tesla stock split at the company’s annual meeting in early...
Aug 4, 2022 · Shareholders of Tesla, Inc. ( TSLA) approved a 3-for-1 split of the company's common stock at its annual meeting held after the close of the markets on Aug. 4, 2022, according to a...
- Mark Kolakowski
Aug 25, 2022 · Finance. Tesla Stock Has Split: What Investors Need to Know. EV maker joins other megacap companies that have split their stocks this year. By. Hannah Miao. Updated Aug. 25, 2022 4:28 pm ET....
Jun 10, 2022 · The automaker is asking shareholders to approve increasing its common stock to 6,000,000,000 shares in order to enable the stock split: The primary purpose of the Authorized Shares Amendment is...
