NVIDIA (NVDA) announces a ten-for-one forward stock split
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SELL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: +90.0%
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NVIDIA also announced a ten-for-one forward stock split of NVIDIA’s issued common stock to make stock ownership more accessible to employees and investors. The split will be effected through an amendment to NVIDIA’s Restated Certificate of Incorporation, which will result in a proportionate increase in the number of shares of authorized common stock. Each record holder of common stock as of the close of market on Thursday, June 6, 2024, will receive nine additional shares of common stock, to be distributed after the close of market on Friday, June 7, 2024. Trading is expected to commNVIDIA (NASDAQ: NVDA)
ence on a split-adjusted basis at market open on Monday, June 10, 2024.
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