Dear Trader,Â
Please be informed that Tesla (TSLA.NAS) has scheduled a 03-for-1 stock split for the 25th of August 2022.
This means that the common stock of TSLA.NAS will be trading at the split-adjusted price from market open time on the 25th of August onwards.
In essence, the number of shares will be multiplied by 03; whereas the price per stock will be divided by 03.
For example; In regards to client trades, if a client has bought 1 share at the price of 3,000 USD, they will now have 03 shares priced at 1000 USD each after the split.
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Please do not hesitate to reach out to our customer support team with any questions or concerns you may have.
Kind Regards,
IC Markets Team