Tesla intends to split its stock 3-to-1, as revealed in an SEC filing after the stock market closed Friday. Much speculation has surrounded the split ratio since the electric-vehicle maker originally announced its intentions to split its stock, at the end of March. To complete the split, shareholders will have to vote to approve a measure to increase the total allowable share count, at the annual meeting on Aug. 4.
According to the SEC filing, only stockholders owning shares at market close on June 6 will be able to participate in the vote.
Full article below.
https://www.cnet.com/google-amp/news/tesla-3-for-1-stock-split-dates-and-information-for-investors/
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