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Three were 2-for-1 splits that occurred in 2000, 2001, and 2006, and the company's board initiated a 3-for-2 split in 2007. Between 1999 and today, the company has split its stock five times.
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At the time, $10,000 would have bought 833 shares. Nvidia stock opened trading on the stock market on Jan. So it says you have to be on record as a shareholder June 21, you'll get the extra share July 19, and July 20 it starts trading at 75% the price.Image source: Getty Images. So the way I read that is the price drops 75% on July 20. "Trading is expected to begin on a stock split-adjusted basis on July 20." What about June 22? Because then they say this statement: The way I take that is you have to be a stockholder on June 21. "If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021." Its more the dates that I am confused about. What? Thats not how I read their press release. I called TD Ameritrade, and their corporate action department said the ex date is July 19 and you just need to hold it by July 19 and the record date doesn't matter to get the split. So does this mean I have to own it on June 21 to get the split? And it trades at the new split price July 20? So what if you buy it June 22, are you paying ~$700 for it to trade at the new price July 20 of ~$175 and not eligible for the split? Trading is expected to begin on a stock split-adjusted basis on July 20." "If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. So here is the wording on NVDA on their press release
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