NVIDIA's Historical Stock Splits: A Detailed Overview
A Detailed History of NVIDIA Stock Splits
Since its inception in 1999, NVIDIA Corporation (NVDA) has undergone a total of five stock splits. These splits have been instrumental in making NVIDIA's stock more accessible to a wider range of investors.
1999 Stock Split
The first stock split for NVIDIA occurred on June 27, 2000, with a ratio of 2-for-1. This means that for every one share of NVDA owned pre-split, shareholders received two shares post-split.
Subsequent Stock Splits
In the years that followed, NVIDIA implemented four additional stock splits:
- February 23, 2004 - 2-for-1 split
- December 17, 2006 - 2-for-1 split
- April 19, 2010 - 2-for-1 split
- May 24, 2023 - 10-for-1 split (pending)
Impact on Share Price
Stock splits do not directly affect the underlying value of a company. However, they can make shares more attractive to investors by reducing the per-share cost. In NVIDIA's case, the stock splits have contributed to increased investor demand and liquidity.
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