NVIDIA Announces 4-for-1 Stock Split

Stock Dividend To Be Distributed On July 20, 2021

Investors React Positively To The News

NVIDIA Corporation (NVDA) announced today that its board of directors has declared a 4-for-1 stock split in the form of a stock dividend. The stock split will be effected on July 20, 2021, to shareholders of record as of the close of business on June 14, 2021.

Under the terms of the stock split, each shareholder of record will receive three additional shares of NVIDIA common stock for each share they own. The stock split is intended to make NVIDIA's stock more accessible to a broader range of investors.

The news of the stock split was met with positive reaction from investors. NVIDIA's stock price rose by more than 2% in after-hours trading.

NVIDIA is a leading designer and manufacturer of graphics processing units (GPUs). The company's GPUs are used in a wide range of applications, including gaming, artificial intelligence, and data center computing.

The stock split is a sign of NVIDIA's confidence in its future growth prospects. The company has been growing rapidly in recent years, and it is expected to continue to grow in the future.

The stock split is a positive development for NVIDIA shareholders. It will make the company's stock more accessible to a broader range of investors, and it is a sign of the company's confidence in its future.