has nvidia stock split yet? Yes (June 2024)

Short answer: yes — NVIDIA announced a 10-for-1 forward stock split (announced May 22, 2024), the corporate amendment was effective June 7, 2024, and shares began trading on a split‑adjusted basis ...

2026-01-27 12:30:00

By Lily Wong

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NVIDIA stock split

This article answers the common query "has nvidia stock split yet" and explains what the split means for shareholders, the exact timeline, and where to verify authoritative details. If you searched "has nvidia stock split yet", this page gives the direct answer up front and then walks through the history, mechanics, dates, tax/basis notes and how brokers handled the action.

As of June 11, 2024, per NVIDIA Investor Relations materials (press release May 22, 2024) and the company’s SEC filings (Form 8‑K effective June 7, 2024), NVIDIA declared a 10‑for‑1 forward stock split and related dividend adjustments. This article cites those primary documents and summarizes what they mean for investors and employees.

Overview

A stock split increases the number of outstanding shares while proportionally reducing the price per share so that the company’s market capitalization remains the same immediately after the split. Companies typically split stock to make individual shares more accessible to a wider range of investors, improve perceived liquidity, and support employee ownership programs.

A split does not change an investor’s percentage ownership of the company. For example, after a 10‑for‑1 forward split, a holder of 10 shares becomes the holder of 100 shares, but their relative ownership and the company’s total market value do not change as a direct result of the split.

If your immediate question is "has nvidia stock split yet", read on for the precise dates and guidance about how the split was implemented and reported.

NVIDIA stock-split history

NVIDIA has a history of multiple stock splits as the company grew from a niche graphics chipset maker into a dominant supplier of GPUs and AI accelerators. The company has carried out several stock splits over its corporate life; the most notable recent splits occurred in 2021 and 2024.

Early splits (2000–2007)

During the company’s earlier growth phase, NVIDIA implemented a series of small splits to keep shares affordable as the market rewarded its expanding business. Between 2000 and 2007, NVIDIA completed the following splits (summary by year and ratio): a 2‑for‑1 split in 2000, another 2‑for‑1 split in 2001, a 2‑for‑1 split in 2006, and a 3‑for‑2 split in 2007. These actions were consistent with growth-stage firms adjusting share counts as prices rose.

2021 4‑for‑1 split

In mid‑2021 NVIDIA completed a 4‑for‑1 stock split to improve accessibility after a strong multi‑year price appreciation. That split reduced the per‑share trading price by a factor of four and increased share count proportionally, leaving market capitalization unchanged on a split‑adjusted basis.

2024 ten‑for‑one split

NVIDIA announced a ten‑for‑one (10‑for‑1) forward split on May 22, 2024. The company filed an amendment to its Restated Certificate of Incorporation to effect the split, and the SEC Form 8‑K shows an amendment effective June 7, 2024. Shares began trading on a split‑adjusted basis at market open on June 10, 2024. Investor materials accompanying the split also explained an associated increase to NVIDIA’s quarterly cash dividend and provided mechanics for how record holders would receive additional shares.

The 2024 10‑for‑1 stock split — details and timeline

This section lays out the official 2024 announcement and the step‑by‑step implementation documented by NVIDIA and filed with the SEC.

NVIDIA announced the split in the company’s Q1 FY25 press release on May 22, 2024. The announcement described a forward 10‑for‑1 split and an increase in the board‑approved quarterly cash dividend to preserve a minimum per‑post‑split payment level for shareholders.

Per the SEC filing (Form 8‑K filed and reflecting an amendment effective June 7, 2024), the company effected an amendment to its certificate to increase the authorized number of shares and make the split operative. The corporate action was effective June 7, 2024; the exchange and market participants adjusted trading and share counts such that split‑adjusted trading began on June 10, 2024.

Important dates

Announcement date: May 22, 2024 (NVIDIA Q1 FY25 press release).
Corporate amendment effective date: June 7, 2024 (SEC Form 8‑K amendment).
Distribution to record holders / book‑entry issuance mechanics: after market close on June 7, 2024 (per NVIDIA investor FAQ and 8‑K exhibits).
Split‑adjusted trading start: market open, June 10, 2024 (markets opened with share counts/prices adjusted).
Dividend announcement and adjustment: announced May 22, 2024; NVIDIA stated a quarterly cash dividend consistent with delivering at least $0.01 per post‑split share (equivalent to $0.10 per pre‑split share). Any record or payment dates for that dividend were included in investor materials.

How the split was implemented (corporate action mechanics)

Corporate amendment: NVIDIA amended its Restated Certificate of Incorporation to increase authorized common shares and make the split effective (documented in the Form 8‑K).
Book‑entry issuance: NVIDIA did not issue fractional shares; instead, additional whole shares were credited via book‑entry for registered holders and broker accounts were adjusted per standard practice.
Broker adjustments: Brokers updated customer account holdings to reflect the additional nine shares for each pre‑split share (i.e., 1 → 10). Brokers perform internal bookkeeping changes; if a broker does not credit fractional shares, their policy determines cash‑out or rounding. NVIDIA’s investor FAQ and SEC exhibits outline how registered stockholders are credited, while custodial brokers handle their own customers per brokerage agreements.

Dividend adjustments and tax/basis considerations

Alongside the 10‑for‑1 split, NVIDIA announced an increase in its quarterly cash dividend. The company stated the board approved a quarterly dividend intended to deliver at least $0.01 per post‑split share (which corresponds to $0.10 per pre‑split share). This preserves dividend economics for shareholders after the split.

Tax reporting and basis allocation after a split can matter for shareholders. NVIDIA prepared and published an investor FAQ and filed an IRS Form 8937 (report of corporate actions affecting basis) to help shareholders and brokers allocate cost basis and report the corporate action correctly. Consult the company’s Form 8937 and your brokerage statements for the precise basis allocation method that applies to your holdings.

Note: the split itself is generally not a taxable event for U.S. federal income tax purposes when no cash is distributed (only share counts change). However, tax handling can vary by jurisdiction and individual circumstances. This article is factual and educational; it is not tax advice. For personal tax consequences, consult a tax professional and the IRS guidance.

Impact on shareholders and market

A stock split is primarily an administrative change to share count and per‑share price. It does not change an investor’s ownership percentage nor the company’s market capitalization directly at the moment of the split. That said, splits can have market effects:

Perceived affordability: lower quoted prices per share after a split can make the stock appear more accessible to retail investors.
Liquidity and order‑book granularity: more shares may lead to finer granularity in trading increments and potentially smaller bid/ask spreads in some cases.
Short‑term volatility: splits sometimes coincide with increased attention and trading volume, producing short‑term volatility as market participants rebalance or as new retail participation occurs.

NVIDIA’s 2024 split generated significant market and media attention. Coverage documented increased retail interest and commentary on valuation and AI demand dynamics. Observers noted both enthusiasm for improved accessibility and the usual caution that a split does not change fundamentals.

Broker handling and fractional shares

NVIDIA’s investor materials indicate the company does not issue fractional shares in connection with the split. Practical outcomes for fractional entitlements depend on broker policies:

Some brokers will automatically round up or down, crediting cash for fractional remainders.
Others support fractional‑share bookkeeping and will show fractional holdings in the account.
Registered holders on the transfer agent’s records typically receive whole shares or cash in line with the agent’s procedures.

If you are concerned about how your brokerage handled your holdings on the split date, review your brokerage statement for the June 7–10, 2024 period and consult your broker’s customer support or help center. For custody and transfer agent details, NVIDIA’s investor FAQ and exhibits to the Form 8‑K provide the official mechanics.

Post‑split market reaction

Market commentary after the split noted initial increased volume and retail attention. Coverage varied by outlet, with some reports highlighting short‑term gains or increased volatility as investors digested post‑split pricing and the broader business fundamentals. Historical studies suggest that while stock splits can attract short‑term interest, long‑term returns depend on the company’s underlying performance and macroeconomic conditions rather than the split itself.

How to verify whether a split has occurred

To confirm whether NVIDIA has completed a stock split, use primary company and regulator sources plus reliable market data providers:

NVIDIA Investor Relations: press releases and the Stock Split FAQ (official statements and investor FAQ PDF).
SEC filings: Form 8‑K and exhibits (documents effecting the corporate amendment and detailing mechanics).
Transfer agent filings/IRS Form 8937: the company’s report on corporate actions affecting tax basis.
Market data providers and exchanges: look for split‑adjusted price and share count on major market data pages, stock quote providers, and your brokerage account.
Brokerage statement: check your broker account history for the effective date and the change in the number of shares you hold.

As of June 11, 2024, per NVIDIA’s Stock Split FAQ and the Form 8‑K, the corporate amendment was effective June 7, 2024 and split‑adjusted trading began June 10, 2024. If you want to confirm for your account specifically, consult your brokerage account statements for the June 7–10, 2024 window.

Frequently asked question — "has nvidia stock split yet?"

Q: has nvidia stock split yet?
A: Yes. NVIDIA announced a 10‑for‑1 forward stock split on May 22, 2024. The company’s corporate amendment was effective June 7, 2024 (as documented in the SEC Form 8‑K), and shares began trading on a split‑adjusted basis at market open on June 10, 2024.
Q: has nvidia stock split yet for my brokerage account?
A: While the split was effective June 7, 2024 and trading adjusted June 10, 2024, your individual brokerage records should reflect the change. Check your account ledger for entries dated June 7–10, 2024 and consult your broker for settlement timing and fractional handling.
Q: has nvidia stock split yet and will I receive cash for fractions?
A: NVIDIA’s materials show that the company does not issue fractional shares. Broker treatment varies. If a fractional remainder occurs, your broker’s policy determines whether you receive cash in lieu of fractional shares or whether the broker maintains fractional units.
Q: has nvidia stock split yet and what happened to the dividend?
A: At the time of the split announcement (May 22, 2024), NVIDIA also announced an increase to its quarterly dividend designed to result in at least $0.01 per post‑split share. Confirm record and payment dates on NVIDIA’s investor site and related press materials.

(Repeated for clarity and search intent: has nvidia stock split yet — yes, effective June 7, 2024; trading adjusted June 10, 2024.)

Rationale given by NVIDIA management

NVIDIA’s public statements at the time of the May 22, 2024 announcement emphasized making ownership more accessible to a broader base of investors and employees as core reasons for the split. Management described the split as a measure to improve affordability per share and increase accessibility for employee stock plans and retail investors. The company also tied a small dividend increase to ensure a minimum per‑post‑split cash dividend.

These reasons are consistent with typical corporate messaging around splits: increase accessibility, support employee ownership, and simplify share trading for smaller investors.

References and primary sources

Below are the primary documents and the effective reporting dates used to compile this article. These are the authoritative sources for facts about the split mechanics and timeline.

NVIDIA press release: "NVIDIA Announces Financial Results for First Quarter Fiscal 2025" — announcement dated May 22, 2024, which disclosed the 10‑for‑1 split and dividend change. (As of June 11, 2024, per NVIDIA Investor Relations.)
SEC Form 8‑K (nvda‑20240607): amendment and exhibits reflecting the corporate action, effective June 7, 2024. (Filed and effective June 7, 2024.)
NVIDIA Stock Split FAQ (PDF): published June 11, 2024, providing investor guidance on mechanics, record dates, and broker handling.
Q1 FY25 press release exhibits and EX‑99.12 on the SEC: confirmation of the ten‑for‑one forward split effective June 7, 2024 and trading adjusted June 10, 2024.
IRS Form 8937 filed by NVIDIA: report of corporate action affecting tax basis, filed in conjunction with the split for shareholder tax reporting purposes.
Market and media coverage (selected): contemporaneous articles summarizing market reaction and historical context; these outlets provided market context and further discussion of retail interest during the split window (coverage dates: late May–June 2024).

Note: this article references the primary NVIDIA investor materials and SEC filings as the authoritative record. The dates above are stated as reported by NVIDIA and reflected in SEC filings.

Practical checklist for shareholders (post‑split)

Verify holdings: check your brokerage account for an updated share count reflecting the 10‑for‑1 split (June 7–10, 2024 timeframe).
Review basis reporting: download any corporate action letters, your broker’s tax documents, and NVIDIA’s IRS Form 8937 for guidance on cost basis adjustments.
Check dividend dates: if you hold through declared record dates, review payment timing and amounts noted in NVIDIA’s dividend announcement.
Contact broker for fractions: if your account shows fractional shares or cash adjustments, contact your broker to understand its policy for fractional entitlements.

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