Nvidia plans to complete a 10 for 1 stock split on June 10, 2024. All holders of NVDA will receive 10 shares of NVDA in exchange for every 1 NVDA share held at the close of trading on June 7, 2024.

This will affect all NVDA shareholders. Due to this stock split, scheduled orders for NVDA will not be accepted between market close on June 7, 2024 and market open on June 10, 2024.

What does this mean?

With the stock split, each NVDA share will be divided into smaller pieces. This will lower the price of each share. To ensure that all shareholders’ value remains the same, Nvidia shareholders will receive additional shares.

How will this impact my holdings?

Your total number of NVDA shares will increase while the price per share will decrease.

For example: if you have 1 share of Nvidia stock, during this 10 for 1 stock split, NVDA will grant you 10 shares for every 1 share you own. However, the value of each share should initially be around 1/10 of the original price.
Once the split is completed, 10 NVDA shares will be equivalent to 1 original NVDA share.

How can I calculate the number of shares I will own?

To calculate the number of shares that you will own after the split, follow the math below:

Shares previously owned x 10 = New amount of shares held.

For example:
Before the split you owned 5 shares of Nvidia.
Use the equation above (5 previously owned shares x 10).
You now own 50 shares of Nvidia.

Note: Nvidia’s historical graphs will be updated to take the split into account.

If you have more questions regarding this stock split and how it may affect shares you’re holding, please refer to Nvidia’s Investor Relations website.

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