SANTA CLARA, CA—AUGUST 10, 2007—NVIDIA Corporation (Nasdaq: NVDA) today announced that its Board of Directors has approved a three-for-two stock split of the Company’s outstanding shares of common stock to be effected in the form of a stock dividend. Cash will be paid in lieu of fractional shares.
The stock split will entitle each stockholder of record at the close of business on Monday, August 20, 2007 to receive one additional share for every two shares owned as of that date. The additional shares resulting from the stock split are expected to be distributed by the Company’s transfer agent on or about Monday, September 10, 2007. Upon the completion of the stock split, NVIDIA will have approximately 550 million shares of common stock outstanding.
About NVIDIA
NVIDIA Corporation is the worldwide leader in programmable graphics processor technologies. The Company creates innovative, industry-changing products for computing, consumer electronics, and mobile devices. NVIDIA is headquartered in Santa Clara, CA and has offices throughout Asia, Europe, and the Americas. For more information, visit www.nvidia.com.
The stock split will entitle each stockholder of record at the close of business on Monday, August 20, 2007 to receive one additional share for every two shares owned as of that date. The additional shares resulting from the stock split are expected to be distributed by the Company’s transfer agent on or about Monday, September 10, 2007. Upon the completion of the stock split, NVIDIA will have approximately 550 million shares of common stock outstanding.
About NVIDIA
NVIDIA Corporation is the worldwide leader in programmable graphics processor technologies. The Company creates innovative, industry-changing products for computing, consumer electronics, and mobile devices. NVIDIA is headquartered in Santa Clara, CA and has offices throughout Asia, Europe, and the Americas. For more information, visit www.nvidia.com.
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