Retail investors propose to Tesla Inc.'s Board to consider Share Buyback
Retail investors propose to Tesla Inc.'s Board to consider Share Buyback
Started
November 17, 2022
Signatures: 6,605Next Goal: 7,500
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Why this petition matters
Started by Alexandra Merz
Retail investors in Tesla stock would like the Board of Tesla Inc. to consider Share Buybacks at the earliest convenience, to use the remaining six weeks of 2022. The current stock price represents an excellent opportunity to buy a greatly undervalued stock.
Main reasons to conduct this Buyback swiftly are:
- benefit from a currently very unvalued stock price
- show confidence in Tesla's future results
- act before the 1% tax on share buybacks becomes applicable on Jan 1, 2023
- operate the buyback under current SEC rules, which will change reporting standards in the foreseeable future
For further information, please refer to these two articles
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Signatures: 6,605Next Goal: 7,500
Support now
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