$Tesla (TSLA.US)$ if they say split shares at $600 each, and...
$Tesla (TSLA.US)$ if they say split shares at $600 each, and I have $1241 worth of shares, what happens to my $41?
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Jakob Lundberg : If you have 1 share and they split 2:1. You now have 2 shares. Your $ amount invested remains the same.
LMN8581 : The value of each share after the split is not fixed. Instead, share split are done by dividing existing shares into multiple shares. Your price per share follows the number of shares you have after the split. There is no change in the total dollar value of your shares after the split compared to pre-split. Hence, the situation you described wouldnt happen.
Marilyn_ OP LMN8581 : Thank you :)
Marilyn_ OP Jakob Lundberg : Thank you :)