When was the NVIDIA stock split?
NVIDIA executed its latest stock split on June 7, 2024, implementing a 10-for-1 split. This means that for every share an investor held, they received ten new shares, each valued at one-tenth of the original price. The newly adjusted shares began trading at this price on June 10, 2024. This marked NVIDIA's sixth stock split, following splits in July 2021, September 2007, and April 2006. Companies often pursue stock splits to enhance share affordability and appeal to a wider range of investors.
Implications for investors and traders
NVIDIA's stock split has several implications for investors and traders:
- Share Quantity and Price : If you owned 1 share of NVIDIA worth $500 before the split, you would now have 10 shares valued at $50 each. While the total value of your investment remains unchanged, you now possess more shares at a lower individual price.
- Accessibility : The reduced share price makes NVIDIA’s stock more attainable for more investors, potentially attracting those who previously found the higher price prohibitive.
Capitalise on volatility in share markets
Sign upTake a position on moving share prices. Never miss an opportunity.
![]()
- Liquidity : An increased number of shares can enhance the stock's liquidity, facilitating easier buying and selling without significantly impacting the stock price.
- Market Perception : Stock splits can create a perception of increased value and attractiveness, even though they do not alter the company’s overall valuation. This perception can sometimes stimulate greater market interest.
Understanding a 10-for-1 Stock Split
A 10-for-1 stock split entails dividing each share into ten new shares. Here’s what occurs:
- Increased Share Quantity: For every share you held before the split, you now possess ten shares.
- Reduced Share Price: The price of each new share is set to one-tenth of the original price. For example, a share that was $100 before the split will be valued at $10 post-split.
- Unchanged Total Value: The total investment value remains the same. If you held 1 share worth $100, you will now have 10 shares valued at $10 each, still totaling $100.
- Purpose: Companies often implement stock splits to enhance share affordability and attract a broader investor base.
In essence, a 10-for-1 split increases your total number of shares while reducing the price per share, keeping your total investment value constant.
What better way to welcome you than with a bonus?
Start trading with a $30 bonus on your first deposit.
Terms and Conditions apply
