NVIDIA Announces 10-for-1 Stock Split
Stock Split Details
Effective Date:
The stock split is effective as of July 21, 2023.
Split Ratio:
10-for-1
Distribution:
Investors will receive nine additional shares for every one share they hold.
Purpose:
The stock split aims to make NVIDIA's shares more accessible to a broader range of investors.
Impact on Shareholders
Shareholders will have a total of 10 times the number of shares they previously held. The face value of each share will be reduced by a factor of 10. The total value of the stock remains the same.
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