Nvidia's 10-for-1 Stock Split: Everything You Need to Know

Background

On May 22, 2024, Nvidia announced a 10-for-1 forward stock split as part of its blowout quarterly earnings report.

The stock split will take place after the market closes on Friday, June 7, 2024.

Shareholders of record as of that date will be eligible to receive additional shares in the ratio of 10 shares for every 1 share they currently own.

The stock split is intended to make Nvidia's shares more affordable and accessible to a broader range of investors.

After the split, each share of Nvidia stock will be worth approximately one-tenth of its current value.

The split will not affect the total value of Nvidia's outstanding shares or the company's market capitalization.

The new shares will begin trading on a split-adjusted basis on Monday, June 10, 2024.

For more information, please refer to Nvidia's Frequently Asked Questions page for the 2024 Stock Split:

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