Nvidia Corporation unveiled on Wednesday in its quarterly financial statement that it will be conducting a 10-for-1 forward stock split.
The company detailed that the aim is to "make stock ownership more accessible to employees and investors." "Each record holder of common stock as of the close of market on Thursday, June 6, 2024, will receive nine additional shares of common stock, to be distributed after the close of market on Friday, June 7, 2024," Nvidia explained.
Split-adjusted trading will begin on June 10, 2024, when markets open.
