(Reuters) – Shopify shareholders (NYSE:) Inc voted on Tuesday for Tobias Lutke, Chief Executive Officer, to be protected, according to Reuters. The source cited preliminary results from an annual shareholder meeting.

According to a person who was familiar with the matter, after shareholders voted, the company will do a 10-for-1 split of its class A and B shares.

Shopify’s stock split was announced in April. It joins a growing number of other companies who have made their shares more appealing to investors.

Another announcements regarding stock splits were made this year by ecommerce giant Amazon.com Inc. (NASDAQ.), Google-parent Alphabet. (NASDAQ.) Inc., and Apple Inc. (NASDAQ.). Tesla Inc (NASDAQ) had previously stated it would seek the approval of shareholders to split its stock.

Shopify’s shares U.S.-listed were at $377.5, an increase of 4.7%