![]() ![]() ![]() The announced split will require Nvidia stockholder approval at the company’s annual meeting on June 3. The name reached its 52-week high ($648 & change), on April 15th. Priced currently $600 a share NVDA has gained more than 950% in the last five years, giving the chipmaker a market cap of $373 billion. The stock will start trading on a split-adjusted basis beginning July 20. The split will apply to shares held on June 21 with the new ones to be distributed after the close of trading on July 19, 2021. Upon approval of the split, each shareholder of Nvidia as of June 21, will receive. The Santa Clara, Calif.-based company split its stock four times between 20, but never as large as the 4-to-1 split proposed Friday. The split is conditional on approval from shareholders at the company’s Annual Meeting to be held on June 3. Total return includes price appreciation plus reinvesting any dividends paid out. This is Nvidia’s first stock split in nearly 15 years. The total return for NVIDIA (NVDA) stock is 12.92 over the past 12 months vs. The company’s board of directors has already approved the move, which Nvidia says will make its shares more accessible to employees and investors after their 66% surge in value over the past twelve months. ![]() (NASDAQ: NVDA) announced in a press release Friday that it will issue investors three additional shares for every one they own. ![]()
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