Announcement From The Board Of Directors

NVIDIA Declares a Four-for-One Stock Split

Announcement from the Board of Directors

Making Shares More Accessible

NVIDIA Corporation's board of directors has approved a four-for-one stock split in the form of a stock dividend. This move is designed to make NVIDIA's common stock more accessible to a wider range of investors and employees.

The split will take effect on June 7, 2023, with shareholders receiving nine additional shares of common stock for every four shares they currently hold. The new shares will be issued on a pro-rata basis and will have the same rights and privileges as the existing shares.

The stock split is the latest move by NVIDIA to enhance shareholder value. In recent years, the company has implemented a number of initiatives, including increasing its dividend and share buyback program. NVIDIA's stock has performed exceptionally well in recent years, outpacing the broader market. The stock split is expected to further enhance shareholder returns by making the stock more accessible to a wider range of investors.