Nvidia Split

Nvidia Announces 10-for-1 Stock Split

Company Resets Share Price to Make Shares More Accessible

Santa Clara, CA, June 10, 2024. Nvidia NVDA-636 announced a 10-for-1 forward stock split effective today. The move is expected to reset the company's share price, which had.

Nvidia's shares have been on a tear in recent years, rising more than 25-fold since the company went public in 1999. The stock split will make the shares more affordable for individual investors and could help to boost the company's valuation.

The split will take effect on June 27, 2024. For every one share of Nvidia stock that investors own, they will receive nine additional shares.

Nvidia's stock split is the latest in a series of moves that the company has made to make its shares more accessible to investors. In 2020, the company initiated a 4-for-1 stock split.

Nvidia's stock split is a sign of the company's confidence in its future prospects. The company is a leader in the rapidly growing artificial intelligence market and is expected to continue to benefit from the increasing demand for its products.