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BRIEF-Tesla Submits Proposal for a 3-for-1 Stock Split at Annual Meeting

reuters.com · 06/10/2022 17:30
BRIEF-Tesla Submits Proposal for a 3-for-1 Stock Split at Annual Meeting

- Tesla Inc TSLA:

  • TESLA - SUBMITS STOCKHOLDER PROPOSAL TO INCREASE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK AT ANNUAL MEETING

  • TESLA - PRIMARY PURPOSE OF THE AUTHORIZED SHARES AMENDMENT IS TO FACILITATE A 3-FOR-1 SPLIT OF OUR COMMON STOCK IN THE FORM OF A STOCK DIVIDEND

  • TESLA - AUTHORIZED SHARES AMENDMENT PROVIDES FOR INCREASE IN NUMBER OF AUTHORIZED SHARES OF CO’S COMMON STOCK FROM 2 BILLION SHARES TO 6 BILLION SHARES

  • TESLA INC - TESLA SHAREHOLDERS TO VOTE ON PROPOSAL ON EMPLOYEES RIGHT TO FORM OR JOIN TRADE UNIONS

  • TESLA INC - TESLA STOCKHOLDERS TO VOTE ON PROPOSAL REGARDING ANNUAL REPORTING ON ANTI-HARASSMENT AND DISCRIMINATION EFFORTS

  • TESLA INC - IN JUNE 2022, LAWRENCE J. ELLISON, A CLASS III DIRECTOR, DETERMINED THAT HE WILL NOT STAND FOR RE-ELECTION TO CO'S BOARD

  • TESLA INC - SHAREHOLDERS TO VOTE ON CO'S PROPOSAL FOR ADOPTION OF AMENDMENTS TO CERTIFICATE OF INCORPORATION TO REDUCE DIRECTOR TERMS TO TWO YEARS

  • TESLA INC - IF PROPOSAL IS APPROVED, CO'S BOARD WILL THEREAFTER BE DIVIDED INTO TWO CLASSES WITH STAGGERED TWO-YEAR TERMS

Source text (https://bit.ly/3aJPjzI)

Further company coverage: TSLA


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