Nvidia Announces 4-for-1 Stock Split
Move Aims to Enhance Accessibility and Liquidity
Split Expected to Fuel Further Growth and Value Creation
Santa Clara, CA - July 21, 2023 - Nvidia Corporation (NASDAQ: NVDA) today announced that its board of directors has declared a 4-for-1 stock split in the form of a stock dividend.
The stock split is intended to increase the accessibility and liquidity of Nvidia's shares, while also providing current shareholders with a more granular trading vehicle. The split will take effect on August 12, 2023, with trading on a split-adjusted basis commencing on August 15, 2023.
"We are excited to announce this 4-for-1 stock split, which demonstrates our commitment to creating long-term value for our shareholders," said Jensen Huang, founder and CEO of Nvidia. "This split will make our shares more accessible to a broader range of investors and will further enhance the liquidity of our stock."
Nvidia has been a consistent high performer in recent years and the stock split is seen as a sign of the company's confidence in its future prospects. Analysts believe that the move will help to drive further growth and value creation for the company and its shareholders. This conclusion leaves readers with a lasting impression of Nvidia's bullish outlook and the potential benefits of the stock split for both the company and its investors.
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