From the day I posted this to today NVDA went up over 25%, I hope some of you were able to get in on it and it will keep going up because of great fundamentals and incredible leadership, price target went from $850 to $900, now it is at 1k. Again the deadline is this Monday to get in on the action to benefit from the split.Įdit: I had misunderstood what the June 21st date meant, it was just to be able to get dividends but the actual split on the July 20th. Over the long-term, those shares can be expected to grow substantially. Investors who own the company’s shares as of June 21 will participate in the stock split and receive a dividend of three additional common shares for every share they hold. Of course, Nvidia is not a bad long-term investment. And investors wanting to cash in on short-term gains can ride the pre-split momentum to decent returns. The company’s share price is likely to continue rising in the lead-up to the July 19 stock split. Trading is expected to begin on a stock split-adjusted basis on July 20.With NVDA stock rallying, now is the time for investors to buy. If shareholders approve the plan, each Nvidia stockholder of record on June 21 will receive a dividend of three additional shares of common stock for every share held, to be distributed after the close of trading on July 19. The stock has gained 12% so far this year. 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. The shares jumped 3.1% as trading got underway in New York Friday.Ĭurrently Nvidia has about 622.4 million shares outstanding, valuing the company at $363.8 billion, based on Thursday’s closing share price of $584.50. The move, if approved, would increase the common stock to 4 billion shares. The split, in the form of a stock dividend, is subject to shareholder approval at the Santa Clara, California-based company’s annual meeting on June 3, Nvidia said in a statement Friday. shares jumped Friday after the graphics-chipmaker said it would split its shares 4-for-1 in an effort to make them more accessible to investors and employees.

When is the nvda split