Nvidia Stock Split: What Investors Need to Know
Split Details and Impact
Nvidia (NVDA) recently announced a 10-for-1 stock split, effectively resetting its share price after a remarkable 725% surge over the past 18 months. The split is scheduled to take place on Friday, June 7, after the market closes. For each share they hold, shareholders will receive nine additional shares.
This highly anticipated move aims to enhance the accessibility and liquidity of Nvidia's stock, making it more appealing to a broader range of investors. The split will result in a proportionate decrease in the share price, while the total value of each investor's holdings will remain unchanged.
Timeline and Trading Details
Investors who hold Nvidia stock at the close of trading on Thursday, June 6, will be eligible for the stock split. The split will become effective after market hours on June 7, with the split-adjusted shares beginning to trade on June 10 at market open.
Following the split, the number of outstanding Nvidia shares will increase tenfold, while the share price will decrease accordingly. Investors should note that the value of their total holdings will remain unchanged despite the change in share count.
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