![]() ![]() Last week, Nvidia (NVDA) became the biggest name to follow suit. The announced split will require stockholder approval at the company's annual meeting in June. O) on Friday announced a four-for-one stock split as it looks to make its stock less expensive for investors, sending the chipmaker's shares up 3. JLast year, Apple (AAPL) and Tesla (TSLA) made big news when each company announced respective stock splits. Santa Clara, California-based Nvidia said stock holders of record on July 21 would receive dividend of three additional shares after the close of trading on July 19, with the stock trading on a split-adjusted basis beginning July 20. However, as brokerages increasingly allow customers to buy parts of shares, the benefit of share splits appears to have diluted over time.Īpple (AAPL.O) split its stock 4-for-1, while electric carmaker Tesla (TSLA.O) split its stock 5-for-1 last year, with both companies saying they aimed to make their shares more affordable to individual investors. Stock splits can potentially attract retail investors who make small trades. The company's stock, which was last up at over $600 in premarket trading, has gained nearly 12% this year after its value more than doubled in 2020. The announced split will require stockholder approval at the company's annual meeting in June.May 21 (Reuters) - Nvidia Corp (NVDA.O) on Friday announced a four-for-one stock split as it looks to make its stock less expensive for investors, sending the chipmaker's shares up 3%. ![]() The stock has gained 12 so far this year. Santa Clara, California-based Nvidia said stock holders of record on July 21 would receive dividend of three additional shares after the close of trading on July 19, with the stock trading on a split-adjusted basis beginning July 20. Currently Nvidia has about 622.4 million shares outstanding, valuing the company at 363.8 billion, based on Thursday’s closing share price of 584.50. The stocks of NVDA have been scheduled for a split on the 20th of July where the split was 4-1- seemingly announced on the 20th of July. ![]() ![]() The company's stock, which was last up at over $600 in premarket trading, has gained nearly 12% this year after its value more than doubled in 2020. Commencing on June 7, 2019, trading of the Companys Common Stock will continue on the Nasdaq Capital Market on a Reverse Stock Split-adjusted basis. May 21 (Reuters) - Nvidia Corp (NVDA.O) on Friday announced a four-for-one stock split as it looks to make its stock less expensive for investors, sending the chipmaker's shares up 3%. ![]()
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