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Tesla's 3-for-1 Stock Split

admin 2022.08.03 20:45 Views : 29

Tesla's 3-for-1 Stock Split: Dates and Information for Investors

The stock split won't take place until after the annual shareholder meeting in August.

According to the SEC filing, only stockholders owning shares at market close on June 6 will be able to participate in the vote. If you owned shares going into close that day, you should expect to receive a Notice of Internet Availability of Proxy Materials via email (or mail) through your broker. This will instruct you on how to cast your vote for the shareholder meeting -- usually you can vote ahead of the actual meeting day, so you don't need to be present at the 4:30 p.m. CT Aug. 4 meeting. 

For this stock split, Tesla and its shareholders will have to take a few extra steps compared with last time, when the board simply announced its decision on Aug. 11, 2020, and swiftly split the stock on Aug. 31, 2020.

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