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what you should know about the voting on the split of TSLA-Aktien ag

Tesla has announced that it is considering another stock split, but whether that will happen is subject to a vote with investors. reports CNBC. In recent years, stock splits have become popular among tech giants. Amazon and Google’s parent company Alphabet will part ways later this year.

But Tesla recently split its shares. They did so in 2020 (along with Apple). So why is Tesla considering splitting its shares again so soon? Here’s what you need to know:

  • What is a stock split? This is when a company decides to make more shares available by dividing existing shares by a certain factor, e.g. B. 2 to 1. For example, in a 2 to 1 split, each shareholder now owns twice as many shares, but each share will be worth 50% less.
  • When was the last time Tesla split its shares? TSLA stock was last split on August 31, 2020. That was a 5-for-1 stock split.
  • How do we know Tesla is considering splitting its shares again? Because the company filed a Form 8-K with the Securities and Exchange Commission today saying they plan to put another stock split to a vote.
  • Who gets to vote for the stock split? If you’re a TSLA shareholder, you’ll likely be able to vote in favor of the measure at the company’s 2022 annual meeting. The 2021 annual meeting took place in October, so the 2022 meeting could take place around the same time this year.
  • How far would the stock split by that point? Tesla didn’t announce that, and it’s likely we wouldn’t know until just before or after the vote.
  • When would the stock split? Not until after the 2022 AGM. If that’s in October, that means Tesla stock won’t split until the end of the year at the earliest.
  • Why does Tesla want to split its shares again so quickly? Only Elon Musk knows for sure, but it could give the stock a boost. TSLA has doubled since the last stock split in August 2020, but since the beginning of 2022 the stock is down over 4% for the year. Stock splits don’t automatically make stocks more valuable, but they can serve to increase a stock’s popularity among retail investors due to its cheaper price, which could send shares higher.

https://www.fastcompany.com/90735580/tesla-stock-split-what-to-know-about-the-vote-to-split-tsla-shares-again?partner=feedburner&utm_source=feedburner&utm_medium=feed&utm_campaign=feedburner+fastcompany&utm_content=feedburner what you should know about the voting on the split of TSLA-Aktien ag

JACLYN DIAZ

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