NVIDIA Stock Split - 06/07/2024

In June of 2024 NVIDIA performed a 10 for 1 stock split; this can be handled with a standard stock split transaction in myICLUB.com

To enter a Stock Split, go to Accounting > Securities > Stock Split

Details:

  • Date: 06/08/24 (The stock split was done after hours on 06/07, but the stock did not trade at the adjusted price until Monday the 10th. We suggest to place the split over the weekend either on the 8th or 9th)
  • Symbol: NVDA

 Click Continue

  • Shares After Split: 10 times the number of existing shares.
    • For Example, if you had 100 shares of NVDA before the dividend, you would enter 1000 shares.
  • Split ratio: The site will normally fill this in automatically, but if it doesn't, then use 10 for 1 as the ratio.
  • Cash for fractional shares: Check your broker statement for any cash related to the transaction. Most often the statement will list is as Cash-in-Lieu if the club received money for fractional shares.
  • Account: Most often this will be your brokerage.

Click Submit, and the transaction is complete !