Tesla stock split date 2022 news: Record date, split ratio, history, TSLA Nasdaq share price - All details
Tesla stock split date 2022, Tesla stock split ratio and effective date have been announced. Tesla Nasdaq share price is currently $900, as per Friday, August 12, closing.
Tesla Stock Split Date 2022: Electric vehicle company Tesla (NASDAQ: TSLA) has announced to split its stock. Tesla stock split 2022 will be in the form of a stock dividend.
Tesla stock split ratio 2022
The company has also announced Tesla stock split ratio. The company is splitting Tesla stock in the ratio of 3:1. Earlier on August 5, 2022, Tesla's board of directors in Austin, Texas, had approved 3-for-1 split ratio of Tesla stock.
Tesla stock split record date 2022
Tesla stock split record date is August 17. A record date is important to determine the eligibility of the shareholders eligible for the split or dividend.
The additional shares of Tesla will be credited to the shareholders' account after the close of trading on August 24.
Tesla stock split effective date 2022
On a split-adjusted basis, Tesla stock will start trading from August 25.
Tesla had in June announced to split its stock to make it more affordable. Stock splits don’t impact a company’s market value, but evidence suggests that by making shares more affordable to retail investors, the move does often provide a short-term boost to share price.
Tesla stock split history
Tesla stock is listed on the Nasdaq stock exchange since June 2010. The stock gained over 4 per cent on August 12 to finish at $ 900.09 apiece. The 52-week range of Tesla stock is $620.57–$1,243.49.
Tesla had last split its stock in August 2020. Tesla stock price has advanced more than 40 per cent since then.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Tata Motors, Muthoot Finance and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses
11:28 AM IST