Tesla Inc. (TSLA) said it will conduct a 3-for-1 stock split that will give shareholders of record as of Aug. 17 a dividend of two additional shares of common stock on Aug. 24. Trading will begin on a stock split-adjusted basis on Aug. 25, the company said in a regulatory filing published Friday. Shares were up 1.7% premarket Monday, but are down 18% in the year to date, while the S&P 500 has fallen 13%.
(END) Dow Jones Newswires
August 08, 2022 07:49 ET (11:49 GMT)
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