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Share Name Share Symbol Market Type
Tesla Inc NASDAQ:TSLA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  44.11 5.13% 904.00 904.00 904.40 900.48 855.10 868.33 26,530,764 00:59:57

Tesla Declares Three-for-One Stock Split

05/08/2022 10:05pm

Dow Jones News


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By Kathryn Hardison

 

Tesla Inc.'s board of direction has approved a three-for-one stock split, which the company says will make stock ownership more accessible to employees and investors.

The electric vehicle company said Friday that each stockholder of record on Aug. 17 will receive a dividend of two additional shares of common stock after close of trading on Aug. 24.

Trading will begin on a stock split-adjusted basis on Aug. 25.

The company had 1.04 billion outstanding shares as of Friday, according to FactSet.

The company's share price was little changed in after-hours trading.

 

Write to Kathryn Hardison at kathryn.hardison@wsj.com

 

(END) Dow Jones Newswires

August 05, 2022 16:50 ET (20:50 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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