So Tesla have just announced a 5 for 1 stock split to take place on 28th August. Does anyone know what happens with your fractions when this happens. If you have 0.2 will you get 1 whole share

I would guess based on the conversation about Apple’s stock split, that fractions will be sold. [image] Apple stock split 📊 Investing I see in the latest news that Apple announces 4-for-1 one stock split amid earnings Will investors with fractional shares in Apple stock …

No. They get liquidated and you get your money back and can buy 1 share. Same as in the Apple thread.

https://www.cnbc.com/2020/08/11/tesla-announces-five-for-one-stock-split.html

[image] Mofojonno: If you have 0.2 will you get 1 whole share No… fractions will be sold and you get the money as free funds.

yup. wait until amazon and others follow with splits…could happen any time…

That’s going to make my rounding up harder!

There you go, all those that missed tsla at 300$, can get on board. :partying_face: It would be funny if it wasn’t tragic, 7% up after news. And people actually put money into tsla :thinking:

20% allocated to Tesla… may or may not be at 40% right now…

This is the first time witnessing this so do we need, as t212 investors, to do anything else for this or will the stock split happen automatically? Also, will the fractional shares be sold at the price they were bought (therefore cancelled) or at the current price?

Tesla stock split

📊 Investing

BenP August 11, 2020, 9:23pm 2

I would guess based on the conversation about Apple’s stock split, that fractions will be sold.

3 Likes

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Tesla stock split

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