did nvidia split their stock — timeline

NVIDIA stock splits

The phrase "did nvidia split their stock" asks whether NVIDIA Corporation has split its shares on U.S. markets and what that meant for shareholders. Short answer: yes. NVIDIA has completed multiple splits in its history, most recently a 10-for-1 forward split in June 2024. This article explains the timeline, mechanics, reasons, shareholder impact, and where to find official guidance so readers know exactly what to expect and how broker accounts and dividends were handled.

As of June 10, 2024, according to NVIDIA Investor Relations and contemporary news coverage, NVIDIA implemented the 10-for-1 split after strong earnings and issued an investor FAQ outlining record dates, distribution, and dividend adjustments.

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Overview: Did NVIDIA split their stock?

Yes — did nvidia split their stock? The company announced and completed a 10-for-1 forward stock split that took effect in June 2024. NVIDIA previously carried out a 4-for-1 split in 2021 and multiple earlier splits in the 2000s. A stock split increases the number of outstanding shares and reduces the per-share trading price by the split ratio, but it does not change an investor’s proportional ownership or the company’s market capitalization.

Repeated question: did nvidia split their stock — yes, most recently in 2024, with prior splits in 2021 and earlier years.

Timeline of NVIDIA stock splits

• 2000-06-27: 2-for-1
• 2001-09-12: 2-for-1
• 2006-04-07: 2-for-1
• 2007-09-11: 3-for-2
• 2021-07-20: 4-for-1
• 2024-06-10: 10-for-1

Cumulatively, one pre-2000 NVIDIA share became 480 shares after the 2024 split. The timeline above summarizes the principal corporate actions and effective trading dates used in official investor materials and press releases.

Cumulative effect

To compute cumulative effect, multiply the sequential split ratios: 2 × 2 × 2 × (3/2) × 4 × 10 = 480. That means one share held before the 2000 splits would equal 480 shares after the 2024 10-for-1 split.

2024 10-for-1 stock split (details)

The 2024 split was announced alongside strong quarterly results and investor guidance. The company framed the split as a way to make shares more accessible to a broader range of investors and employees.

Key procedural details (from NVIDIA 2024 Stock Split — Frequently Asked Questions and contemporaneous reporting):

• Announcement context: The split was announced in May 2024 following strong earnings reports and commentary about accessibility for employees and retail investors.
• Ratio: 10-for-1 forward split (each pre-split share converted into 10 post-split shares).
• Record / eligibility date: holders of record at market close on June 6, 2024, were eligible per the NVIDIA investor FAQ.
• Distribution mechanics: NVIDIA distributed nine additional shares for each pre-split share after market close on June 7, 2024 (resulting in 10 total post-split shares per pre-split share).
• Trading: Split-adjusted trading began on June 10, 2024.
• Dividend adjustments: NVIDIA concurrently adjusted its quarterly cash dividend. The board set a quarterly dividend equivalent to $0.10 on a pre-split basis, which equated to $0.01 on a post-split per-share basis; the investor FAQ explains the dividend timing and ex-dividend adjustments.

Broker processing: Most brokerage accounts were automatically adjusted to reflect the split on or shortly after the distribution date. Historical price charts provided by brokers and market data vendors are split-adjusted so that pre-split prices are comparable with post-split prices.

Handling of fractional shares: NVIDIA’s FAQ noted that the company does not issue fractional shares. Brokers typically handled fractional entitlements by cash settlement based on the closing price or per their internal policies. Shareholders should check broker notices for confirmation.

2021 4-for-1 stock split (details)

NVIDIA’s 2021 split followed a board declaration and shareholder approval process.

• Approval process: The board declared a 4-for-1 split to be effective conditional on shareholder approval at the annual meeting.
• Record date and distribution: Record date was June 21, 2021; distribution occurred after market close on July 19, 2021. Split-adjusted trading began July 20, 2021, per NVIDIA’s 2021 press release.
• Rationale: NVIDIA cited increased accessibility for employees and investors as the primary reason.

Like the 2024 split, the 2021 action did not change the proportional ownership or aggregate market capitalization, but it increased the share count and lowered the per-share trading price by a factor of four.

Earlier splits (2000–2007)

NVIDIA completed several splits during the 2000–2007 period as the company scaled from a niche graphics-chip maker to a broader computing and AI supplier. The earlier splits were:

• 2000-06-27: 2-for-1
• 2001-09-12: 2-for-1
• 2006-04-07: 2-for-1
• 2007-09-11: 3-for-2

Why companies split shares historically: Splits are often used to keep the per-share price within a target trading range, make shares more affordable for employees and small investors, and provide sufficient share liquidity to support employee equity plans. NVIDIA’s earlier splits coincided with growth phases and employee equity program rollouts.

Mechanics and implementation

How NVIDIA implemented the splits in practice:

• Corporate action steps: Splits typically require board approval, and when needed, shareholder approval to amend the certificate of incorporation or increase authorized shares. NVIDIA’s materials show the company used standard corporate action mechanics including stock dividends and changes to authorized share counts where necessary.
• Par value: NVIDIA’s 2024 FAQ confirmed the par value treatment; in 2024 the par value remained $0.001 per share after the split.
• Fractional shares: NVIDIA does not issue fractional shares as part of distribution. Brokers and transfer agents cash out fractional shares according to broker policy or rounding rules.
• Broker timelines: Brokers apply corporate actions according to their back-office processing windows. Most retail brokers adjusted share counts and cash positions within one to several business days after distribution. Investors saw split-adjusted positions and prices on account statements and trade confirmations.
• Charting and historical data: Exchanges and vendors publish split-adjusted historical price series so long-term charts reflect comparable values across splits.

Rationale and corporate objectives

Common reasons NVIDIA cited for its splits included:

• Improve affordability for employees and retail investors by lowering the per-share price.
• Increase liquidity and tradability of the stock.
• Encourage broader ownership and participation in employee equity plans.

These objectives are consistent with public statements in NVIDIA’s investor materials for the 2021 and 2024 splits. Companies sometimes also consider index eligibility or administrative simplification when evaluating a split, but NVIDIA’s investor FAQ emphasized accessibility and liquidity as primary drivers.

Effect on shareholders and markets

What a split does and does not do:

• No change in proportional ownership: If you owned 1% of the company before the split, you own 1% after. Shares multiply by the split ratio and the price divides by the same ratio.
• No change in market capitalization: The total market value of outstanding shares stays the same immediately after the split.
• Example: If a share traded at $1,000 pre-split and the split is 10-for-1, the post-split price is about $100 and you hold 10 shares where you previously held 1.

Market reaction around 2024 split: The split announcement came during strong earnings momentum. Media coverage in May–June 2024 noted the split alongside rising revenue from data-center and AI workloads. Short-term trading and price action reflected enthusiasm around NVIDIA’s results and future growth prospects as reported by major outlets.

Tax, accounting, and regulatory reporting

• Tax treatment: In the United States, stock splits are generally non-taxable events for shareholders; a split by itself typically does not create a taxable gain or loss. However, shareholders should consult tax advisors for their individual situation.
• Regulatory filings: NVIDIA prepared and filed corporate disclosures and supported reporting for the split. The company files a Form 8937 (Report of Organizational Actions Affecting Basis of Securities) as required for events that affect tax basis; shareholders and brokers rely on that filing for cost-basis adjustments.
• Accounting: For corporate accounting, splits are treated as a change in share count and par value; retained earnings and equity balances are not altered in total by a forward split.

Practical guidance for investors

• Do nothing to receive the split: Shareholders of record received the split automatically if they held shares at the record date. Brokered accounts were adjusted automatically — no shareholder action required.
• Check broker communications: Brokers sent notices showing the new share count and any cash payments for fractional shares.
• Fractional-share handling: If you held a fractional entitlement, your broker typically paid cash for the fractional portion at the market rate used in processing or followed their published policy. Check account statements for details.
• Dividends and ex-dividend dates: NVIDIA adjusted its per-share dividend to reflect the split. The investor FAQ and press releases explained the timing of the ex-dividend and payment dates associated with the split-adjusted dividend amount.
• Keep records: Retain trade confirmations and broker statements showing the change in share count and adjusted cost basis for tax reporting.

Where to find official guidance: NVIDIA Investor Relations materials, corporate press releases, and the investor FAQ are the authoritative sources. For execution, custody, and trade confirmations, consult your broker. For trading access and custody solutions, Bitget provides market access and Bitget Wallet supports secure custody if you are moving into self-custody or diversified storage.

Market and historical context

NVIDIA’s stock-split history tracks with the company’s evolution:

• Business growth: NVIDIA moved from graphics cards to broader computing, data-center GPUs, and AI accelerator markets; valuation and per-share prices rose substantially during the 2010s and early 2020s.
• Frequency vs. peers: NVIDIA split multiple times across two decades, which is not unusual for high-growth technology companies that repeatedly see strong price appreciation.
• Alignment with valuation run-ups: The 2021 and 2024 splits occurred after periods of significant share-price appreciation and during phases of strong financial performance and optimistic forward-looking commentary from management.

Aftermath and future splits

Future splits remain at the discretion of NVIDIA’s board of directors. Boards may consider splits again if the absolute share price rises to levels the company deems high relative to their goals for affordability and liquidity. Any future action would follow standard corporate governance procedures and be announced through NVIDIA’s investor relations channels.

See also

• Stock split
• Stock dividend
• Corporate action
• NVIDIA (NVDA)
• List of NVIDIA corporate filings

References and primary sources

• NVIDIA 2024 Stock Split — Frequently Asked Questions (Investor PDF). Reported June 2024.
• NVIDIA Announces Four-for-One Stock Split (2021 press release PDF). Reported July 2021.
• Investopedia, coverage of NVIDIA 10-for-1 split (May 2024).
• USA TODAY, reporting on NVIDIA stock-split and market context (May 2024).
• AP News coverage of NVIDIA’s 2024 corporate action and earnings (June 2024).
• Yahoo Finance video coverage and summaries (May–June 2024).
• Cash App help page explaining NVDA 10-for-1 split (May–June 2024).
• CompaniesMarketCap and Capital.com — historical split summaries and lists.

All dates, ratios, and procedural details above are drawn from NVIDIA investor materials and major news coverage; specific broker processing and statement visibility may vary by brokerage.

Further exploration: If you want up-to-date trade execution or custody support around corporate actions, consider Bitget for market access and Bitget Wallet for secure custody and reporting tools. For authoritative split mechanics, always check NVIDIA Investor Relations and official filings.

As you track corporate actions, keep documentation for tax and cost-basis reporting and consult a tax advisor for personalized guidance.