when did smci stock split

Short, factual answer: Super Micro Computer (SMCI) announced a 10-for-1 forward stock split on Aug 6, 2024; shares began trading on a split‑adjusted basis Oct 1, 2024. This page summarizes key date...

2025-09-07 05:16:00

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Super Micro Computer (SMCI) stock split

Short answer (first 100 words): If you searched for "when did smci stock split" — Super Micro Computer (NASDAQ: SMCI) announced a 10-for-1 forward stock split on August 6, 2024, and the shares began trading on a split-adjusted basis on October 1, 2024. This article explains the timeline, mechanics, market reaction, contextual corporate events, investor examples, and where to find split-adjusted historical data. It also links the split to the company’s 2023–2024 share-price run and summarizes subsequent coverage from financial press and filings.

Quick facts / Infobox

Company: Super Micro Computer, Inc. (Supermicro)
Ticker: SMCI (NASDAQ)
Split ratio: 10-for-1 forward stock split
Announcement date: August 6, 2024
Effective/ex-date (split-adjusted trading began): October 1, 2024
First split in company history: Yes

Key data

Announced: August 6, 2024 — management disclosed the split in a corporate press release and proxy materials.
Ratio: 10-for-1 forward split (each pre-split share converted into 10 post-split shares).
Trading on split-adjusted basis began: October 1, 2024.
Company history: This was the first recorded stock split for Super Micro Computer in its corporate-history records.
Management rationale: stated objective to increase per‑share affordability for retail investors and improve market liquidity.

Background on Super Micro Computer (SMCI)

Super Micro Computer (Supermicro) is a California‑based company that designs, manufactures, and sells server and storage systems, motherboards, and related software and services. The company is a well-known supplier to data-center operators and enterprises that deploy compute infrastructure for cloud, enterprise IT, high-performance computing, and many artificial‑intelligence workloads.

From mid‑2023 through 2024 Supermicro’s stock experienced a significant run-up as markets priced in stronger demand for AI‑optimized servers and accelerated enterprise spending on hardware. That price appreciation — taking the per‑share price into a range that management characterized as a potential barrier for smaller retail investors — was the proximate reason the board approved a forward split. If you are asking "when did smci stock split," the practical answer ties the split to that 2023–2024 rally and the company’s stated desire to broaden investor access.

Announcement of the split

On August 6, 2024, Super Micro Computer issued a public announcement that the board had approved a 10-for-1 forward stock split. As of August 6, 2024, according to company investor relations materials and coverage by market outlets, the company described the split as intended to lower the trading price per share and make the stock more accessible to a wider group of investors while not changing the company’s market capitalization purely because of the split.

Major financial outlets published contemporaneous stories summarizing the announcement and quoting the company release. Coverage noted the link between the split and Supermicro’s recent stock performance. For readers tracking the question "when did smci stock split," the announcement date — August 6, 2024 — is the primary public milestone that preceded the effective trading adjustment.

Terms and mechanics of the split

Split type and ratio: The company executed a forward stock split at a 10-for-1 ratio. For every share an investor held before the split, they received 10 post‑split shares.
Implementation: The split was implemented by adjusting outstanding share counts and the per‑share price on the ex/effective date. No new investor money was raised through the split — corporate ownership percentages and aggregate market capitalization remained the same immediately after the split (absent market price movement).
Ex / record / payable dates: Supermicro announced that trading would begin on a split‑adjusted basis on October 1, 2024. Brokers and transfer agents updated share counts and customer positions in accordance with standard settlement and custody practices.

If you need a practical rule: while the nominal number of shares an investor holds increases under a forward split, the total value of the holding (number of shares × post‑split price) is the same at the moment the split becomes effective, before any market moves.

Timeline of events

Pre-2023 to 2023: Supermicro operates as a well‑established server and systems vendor with cyclical demand tied to enterprise and data‑center spending.
2023–2024 price momentum: The company’s share price rose substantially as the market anticipated greater demand for AI and high‑performance compute systems.
August 6, 2024 — Announcement: Board announces a 10-for-1 forward split in a press release and filings.
Late summer 2024 — administrative steps: company provided details to regulators, exchanges, and transfer agents; brokerages prepared for share adjustments.
October 1, 2024 — Effective/ex-date: shares began trading on a split‑adjusted basis; broker custodians updated account holdings.
Immediate post-split trading: price per share mechanically lower by the split factor with trading and volumes adjusting to the new per‑share price; market coverage documented short‑term volatility and trading volume shifts.

Market reaction and price effects

When answering "when did smci stock split," many readers also want to know how the market reacted. Common mechanical effects of a forward split include a lower nominal per‑share price, greater perceived affordability for retail buyers, and often an increase in daily trade volume as smaller lots become more common.

Immediate mechanics: On October 1, 2024, SMCI started trading at roughly one‑tenth of the pre‑split per‑share price (subject to market movement). For example, a pre‑split share priced at $1,000 would correspond to a post‑split price near $100 at the open on the split-effective date, before further market-driven moves.
Volume: Market reports documented elevated trading volume around the ex‑date, a frequent outcome when splits draw investor attention. Some coverage noted higher retail interest in the days following the split.
Volatility: Splits do not change fundamentals, but they can coincide with short‑term volatility because of rebalancing by funds, retail inflows, or headlines.

As of early October 2024, several market outlets reported that the split produced strong retail interest and higher intraday liquidity relative to preceding weeks. For precise day‑by‑day figures for market capitalization and trading volume around the split, consult split‑adjusted price and volume data from recognized price‑history providers (see the “Adjusted historical data and where to find it” section below).

Contextual corporate and regulatory events around the split

The split did not occur in a vacuum. Several contemporaneous corporate and regulatory events attracted investor attention and were widely reported around the split timeline. Reporting on these topics is factual and attributed below; this section presents those items without implying unresolved legal conclusions.

Short‑seller report and allegations: As of 2024, Super Micro Computer faced public allegations from short‑seller reports and related media coverage that examined company practices and disclosures. Multiple financial news outlets summarized those allegations in the months before and after the split announcement. Readers should consult the original reports and company responses for details; those documents provide both the allegations and the company’s rebuttals.
Regulatory and filing developments: In 2024 the company experienced delays and heightened scrutiny around certain SEC filings, including timing questions about periodic reports. As of October 2024, according to coverage by major financial news organizations, the company had dialogues with regulators and was working to address timely filings.
Auditor transition and independent auditor matters: Reports in 2024 noted that Supermicro’s auditor situation had changed, including an auditor resignation and subsequent arrangements with new accounting advisors. Coverage attributes these developments to standard regulatory filings and statements by the company.
Exchange notices and governance: As of late 2024, market coverage recorded that the NASDAQ exchange had sent reminders or notices to the company related to timely filings; the company engaged in correspondence to maintain compliance while completing required reports.
Reported regulatory interest: Several outlets indicated that regulators had inquiries or were monitoring the company’s disclosures and filings. As with other contested corporate matters, inquiries are distinct from allegations or charges; readers should consult source reporting and regulatory statements for status updates.

All of the above items were widely covered by mainstream financial journalists and are part of the public record; for a full timeline and primary documents, refer to the company’s investor‑relations filings and the regulatory electronic filings repository.

Investor impact and worked examples

How did the 10-for-1 split affect an average shareholder? The math is straightforward and helps answer "when did smci stock split" with practical implications.

Example 1 — Simple share conversion:

Pre-split holding: 100 shares of SMCI.
Split ratio: 10-for-1.
Post-split holding: 100 × 10 = 1,000 shares.
If pre-split price was $X per share, the immediate theoretical post‑split price would be $X / 10 per share. The total holding value at the moment the split takes effect remains 100 × $X = 1,000 × ($X / 10).

Example 2 — Worked numeric example:

Pre-split: 50 shares at $900 per share = $45,000.
After 10-for-1 split: 500 shares at roughly $90 per share = $45,000 (immediately, before market moves).

Important practical notes for shareholders:

Brokerage accounts: most brokerages automatically converted holdings and adjusted share counts; fractional‑share handling varied by broker and depended on custody arrangements.
Option contracts and derivatives: option contracts, if outstanding, were adjusted according to the options clearinghouse rules; the contract multiplier typically changed to reflect the split ratio. Investors holding options should check confirmations from their clearing firm.
Tax treatment: splits are generally non‑taxable events in most jurisdictions at the moment of the split (no realized gain or loss due to the mechanical conversion). Tax basis per share is adjusted proportionally. Investors should consult a tax professional for personal tax treatment.

Historical significance and split history

This 10-for-1 split constituted Supermicro’s first recorded stock split. Many large technology companies historically used stock splits as a tool to keep share prices within an attractive trading range and to signal management’s view of strong future prospects. While a stock split has no direct effect on enterprise value, it can influence investor perception and market microstructure (lot size affordability, retail participation, and intra‑day liquidity).

By enacting its first split, Supermicro joined a group of prominent tech and hardware vendors that have used forward splits to adjust per‑share price levels following extended share‑price appreciation. The company’s move is consistent with management statements that sought to broaden investor access as the per‑share price climbed during the AI‑hardware demand cycle.

Adjusted historical data and where to find it

For research and verification, investors and analysts should use reputable price‑history providers and corporate action databases that display split‑adjusted historical prices and volumes. Sources commonly used in market research include price‑history services, major financial data vendors, and split‑history compilations.

How to read split‑adjusted data:

Historical price series are typically adjusted retroactively to reflect splits so that charts display a continuous price series.
When checking a pre‑split price or building returns, ensure you are looking at split‑adjusted values if you want consistent historical comparisons.

Where to verify:

Company investor relations: official press releases and proxy materials will show the announcement date and terms.
Exchange notices and filings: listing exchange bulletins and regulatory filings record the corporate action and effective dates.
Public price‑history databases and financial‑data terminals: these platforms list corporate actions and provide split‑adjusted price series.

Aftermath and follow-up coverage

Media and analyst coverage after the split focused on whether the split achieved the stated goals of increased liquidity and broader retail participation while noting the contemporaneous corporate governance and regulatory storylines that continued to command attention.

Early post‑split reporting: financial outlets documented a pickup in retail interest and daily volume immediately following the October 1, 2024 effective date. Some analysts highlighted that while splits can help accessibility, sustained retail participation depends on perceived business fundamentals.
Regulatory and governance follow‑up: outlets continued to report on the company’s regulatory interactions, auditor communications, and any additional disclosures or filings. Readers seeking the latest status on regulatory matters should consult the company’s filings and major financial news services.

As of October 10, 2024, according to several market reports, commentary varied: some observers saw the split as a positive technical measure to democratize access, while others emphasized that the split did not alter fundamental business risks and that external scrutiny of corporate disclosures remained an important context for investors.

References

Super Micro Computer investor relations materials and corporate press release (company announcement dated Aug 6, 2024) — official source for the split terms and effective date.
As of Aug 6, 2024, market coverage summarized the announcement (reported by major financial outlets including Nasdaq and leading business media).
Post‑split coverage and analysis (reported in early October 2024 by prominent business press such as Motley Fool and other market commentators).
Split‑history compilation databases and price‑history services reported the 10-for-1 split and the Oct 1, 2024 split‑adjusted trading start date.
Corporate‑governance and regulatory coverage in Q3–Q4 2024 (multiple outlets reported on short‑seller allegations, auditor matters, delayed filings, and regulatory interest; see company filings and regulatory notices for primary documents).

Note: This article synthesizes public reporting and official company materials. For primary source documents (press releases, exchange notices, and SEC filings), consult the company’s investor relations page and the regulatory filings repository.

External links

Company investor relations page (search the Super Micro Computer investor relations portal for the Aug 6, 2024 press release and later filings).
Official press release(s) regarding the 10-for-1 split (company materials dated Aug 6, 2024).
Split‑adjusted price history providers and split‑history reference pages for SMCI.

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This article is informational and not investment advice. It summarizes public materials and media coverage; readers should consult primary company filings and disclosures for legal and financial details.

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