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Tesla sets Aug 25 as trading day for three-for-one split shares

(Reuters) - Tesla (NASDAQ:TSLA) Inc said on Friday trading in its three-for-one split shares will start on Aug. 25, after the electric vehicle maker's shareholders approved the...
Tesla sets Aug 25 as trading day for three-for-one split shares © Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann

(Reuters) - Tesla (NASDAQ:TSLA) Inc said on Friday trading in its three-for-one split shares will start on Aug. 25, after the electric vehicle maker's shareholders approved the proposal during its annual meeting.

Shareholders of the EV maker voted for board recommendations on most issues at the company's annual meeting on Thursday, including re-electing directors, approving a stock split, while rejecting proposals focused on environment and governance.

Chief Executive Elon Musk owns 15.6% of Tesla, according to Refinitiv data, after selling millions of shares last year.

Each stockholder of record on Aug. 17 will get a dividend of two additional shares for each share held, to be distributed after close of trading on Aug. 24, the company said.

The new share split comes two years after a five-for-one split helped bring down the price of the high-flying stock within the reach of ordinary investors.

While a split does not affect a company's fundamentals, it could buoy the share price by making it easier for a wider range of investors to own the stock.

Tesla shares, which debuted at $17 apiece in 2010, rose to more than $1,200 late year after the 2020 stock split, taking the company's market capitalization above $1 trillion.

Tesla shares, which ended 6.6% lower on Friday, are down about 18% this year.

At the Thursday meeting, shareholders narrowly approved an advisory proposal that would increase investors' ability to nominate directors, with 339.2 million votes for the proposal and nearly 319 million votes against it.

Shareholder proposal asking Tesla to report its efforts in preventing racial discrimination and sexual harassment annually was rejected, with 350.7 million votes against it versus 310 million votes for the proposal.

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17-08-2022 23:14:26 (UTC+7)

EUR/USD

1.0167

-0.0003 (-0.03%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (3)

EUR/USD

1.0167

-0.0003 (-0.03%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (3)

GBP/USD

1.2038

-0.0056 (-0.46%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (3)

USD/JPY

135.45

+1.24 (+0.92%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

AUD/USD

0.6920

-0.0103 (-1.46%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (9)

Sell (1)

USD/CAD

1.2926

+0.0083 (+0.64%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (9)

EUR/JPY

137.71

+1.22 (+0.89%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

EUR/CHF

0.9698

+0.0044 (+0.46%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (3)

Gold Futures

1,775.90

-13.80 (-0.77%)

Summary

Neutral

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (3)

Silver Futures

19.670

-0.415 (-2.07%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

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Copper Futures

3.5810

-0.0435 (-1.20%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Crude Oil WTI Futures

86.95

+0.42 (+0.49%)

Summary

Neutral

Moving Avg:

Buy (5)

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Indicators:

Buy (10)

Sell (1)

Brent Oil Futures

92.61

+0.27 (+0.29%)

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Neutral

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Buy (5)

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Buy (6)

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Natural Gas Futures

9.242

-0.087 (-0.93%)

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↑ Buy

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Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

US Coffee C Futures

217.85

-1.50 (-0.68%)

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↑ Sell

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Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Euro Stoxx 50

3,756.06

-49.16 (-1.29%)

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Sell

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Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (4)

S&P 500

4,259.97

-45.23 (-1.05%)

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Neutral

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Buy (3)

Sell (9)

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Buy (4)

Sell (1)

DAX

13,626.71

-283.41 (-2.04%)

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Sell

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Buy (2)

Sell (10)

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Buy (2)

Sell (3)

FTSE 100

7,515.75

-20.31 (-0.27%)

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Neutral

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Buy (6)

Sell (6)

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Buy (4)

Sell (4)

Hang Seng

19,922.45

+91.93 (+0.46%)

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Neutral

Moving Avg:

Buy (6)

Sell (6)

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Buy (0)

Sell (4)

US Small Cap 2000

1,975.35

-44.91 (-2.22%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

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Buy (1)

Sell (7)

IBEX 35

8,434.80

-77.10 (-0.91%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

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Buy (4)

Sell (1)

BASF SE NA O.N.

42.685

-2.065 (-4.61%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (2)

Bayer AG NA

53.37

-0.93 (-1.71%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

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Buy (4)

Sell (3)

Allianz SE VNA O.N.

177.54

-2.40 (-1.33%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Adidas AG

169.10

-4.26 (-2.46%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (8)

Deutsche Lufthansa AG

6.467

-0.280 (-4.15%)

Summary

↑ Sell

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Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Siemens AG Class N

108.64

-3.40 (-3.03%)

Summary

↑ Sell

Moving Avg:

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Sell (12)

Indicators:

Buy (0)

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Deutsche Bank AG

8.856

-0.108 (-1.20%)

Summary

Neutral

Moving Avg:

Buy (6)

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Indicators:

Buy (4)

Sell (3)

 EUR/USD1.0167Buy
 GBP/USD1.2038Neutral
 USD/JPY135.45↑ Buy
 AUD/USD0.6920Neutral
 USD/CAD1.2926↑ Sell
 EUR/JPY137.71↑ Buy
 EUR/CHF0.9698↑ Buy
 Gold1,775.90Neutral
 Silver19.670Neutral
 Copper3.5810↑ Buy
 Crude Oil WTI86.95Neutral
 Brent Oil92.61Neutral
 Natural Gas9.242↑ Buy
 US Coffee C217.85↑ Sell
 Euro Stoxx 503,756.06Sell
 S&P 5004,259.97Neutral
 DAX13,626.71Sell
 FTSE 1007,515.75Neutral
 Hang Seng19,922.45Neutral
 Small Cap 20001,975.35↑ Sell
 IBEX 358,434.80Neutral
 BASF42.685Neutral
 Bayer53.37Neutral
 Allianz177.54Buy
 Adidas169.10↑ Sell
 Lufthansa6.467↑ Sell
 Siemens AG108.64↑ Sell
 Deutsche Bank AG8.856Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,600/ 6,700
(20/ 20) # 1,674
SJC HCM6,620/ 6,720
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SJC Hanoi6,620/ 6,722
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SJC Danang6,620/ 6,722
(20/ 20) # 1,697
SJC Nhatrang6,620/ 6,722
(20/ 20) # 1,697
SJC Cantho6,620/ 6,722
(20/ 20) # 1,697
Cập nhật 17-08-2022 23:14:28
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RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
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Dầu hỏa 2-K23.32023.780
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WTI$86.93+0.140.16%
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.235,0023.545,00
EUR23.186,9924.485,46
GBP27.597,2628.774,17
JPY169,51179,46
KRW15,4518,83
Cập nhật lúc 18:50:59 17/08/2022
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