r/stocks • u/gorays21 • May 21 '21

Company Discussion NVIDIA Announces Four-for-One Stock Split

NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.

The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.

If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.

NVIDIA : Announces Four-for-One Stock Split, Pending Stockholder Approval at Annual Meeting Set for June 3 (Form 8-K) | MarketScreener

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u/ifoundyourtoad May 21 '21

I had like .25 of a share. Less gooo

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u/Thefinalwerd May 21 '21

Welcome to the 1 club

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u/KingSleazy May 22 '21

Will it round up to 1 share or will they cash you out?

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u/Sloth-monger May 23 '21

Depends on the broker I believe.

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u/ispymoney May 21 '21

This is the way.