Tesla Stock Split: Important Dates to Remember
Announcement and Record Date: August 17, 2022
On August 17, 2022, Tesla announced its long-anticipated stock split. This date serves as the record date, determining which shareholders are eligible to receive additional shares in the split.
Trading on a Split-Adjusted Basis: August 25, 2022
Trading of Tesla stock will begin on a split-adjusted basis after the market close on Wednesday, August 24, 2022. This means that the stock price will be adjusted to reflect the 3-for-1 split, with shareholders receiving three shares for every one share they held previously.
Stock Distribution: August 29, 2022
The actual distribution of the additional shares resulting from the stock split will occur on August 29, 2022. Shareholders who were eligible as of the record date will receive the additional shares in their brokerage accounts on this date.
Previous Stock Split
Tesla's last stock split occurred just a few years ago, on August 31, 2020. The company announced a 5-for-1 split in February 2020, which was designed to make the stock more accessible to a wider range of investors.
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