Tesla's 3-for-1 Stock Split: Dates and Information for Investors
$Tesla (TSLA.US)$ 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.
According to the SEC filing, only stockholders owning shares at market close on June 6 will be able to participate in the vote.
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