Tesla announced the date its 3-for-1 stock split will begin: Thursday, August 25, 2022.
Company shareholders approved Tesla’s proposal for a 3-for-1 stock split at the company’s annual meeting of shareholders on Thursday.
On Friday afternoon, Tesla announced the following:
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. 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.
The last day to get in before the stock split will be August 17, 2022.
Tesla shares closed down 6.6% to $864.51 per share. The company’s market cap stands at just over $900 million and is poised to break the trillion-dollar market cap once again.
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So the amount of share I would get back today, depend solely on the shares I own on the 17th? Thanks for the help
If you buy or sell shares between the record date and the effective date, you either get the right to the new shares or transfer the right of the new shares – you won’t be short-changed.