$Tesla (TSLA.US)$ rose in pre-market trading, climbing nearl...
$Tesla (TSLA.US)$ rose in pre-market trading, climbing nearly 6% after the EV maker said it plans to ask for the shareholder authorization necessary to conduct a stock dividend. The step is part of a process of enabling a stock split.
The company revealed that it will ask for shareholder approval at its upcoming annual meeting to increase the number of authorized common shares, a move meant to facilitate a stock split in the form of a stock dividend. The process also requires final approval of the board of directors.
Will a stock split affect the price?
The company revealed that it will ask for shareholder approval at its upcoming annual meeting to increase the number of authorized common shares, a move meant to facilitate a stock split in the form of a stock dividend. The process also requires final approval of the board of directors.
Will a stock split affect the price?
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