NVIDIA Stock Split History

Historical Overview

NVIDIA's (NVDA) stock has undergone five stock splits throughout its history. The first split occurred on June 27, 1999, with a 2-for-1 ratio. Subsequent splits took place on the following dates: * March 13, 2000: 2-for-1 * May 27, 2003: 2-for-1 * August 22, 2007: 2-for-1 * July 20, 2016: 2-for-1 These splits have resulted in a significant increase in the number of outstanding shares. As of September 2023, there are approximately 4.3 billion NVDA shares in circulation.

Impact on Share Price

Stock splits do not affect the underlying value of a company. However, they can lead to short-term fluctuations in the share price. Typically, a stock price will decline proportionally to the split ratio. For example, after a 2-for-1 split, the share price will typically be halved. Over the long term, stock splits have been shown to have a positive impact on share performance. Companies that split their stock tend to outperform peers who do not. This is because stock splits tend to increase liquidity and make the stock more accessible to a broader range of investors.