We want to notify you that on 25/08/2022, the stock of Tesla Inc. (TSLA/TSLA.) company will undergo a split at the ratio of 3:1 (for each share, the investors will receive 3 shares, and the current share price will decrease 3 times). This corporate event will impact both the physical instrument and its CFD equivalent available for trading in JFD’s platforms.
Therefore, we will perform the necessary adjustments to any open positions in the respective instruments. If you have associated pending orders (including Stop Loss and Take Profit levels), you should close them by 24/08/2022. Otherwise, we will do it before the market opens on the date of the split.
The stock split will be in the form of a stock dividend to ease out the ownership of employees and investors. Each stockholder of record on Aug 17 is entitled to a dividend of two additional shares of common stock for each then-held share to be distributed after the close of trading on Aug 24. Tesla’s stock will begin trading on Aug 25 on the new split-adjusted basis.
Should you have any other questions, our friendly, multilingual Client Service is ready to assist you 24/5.