Doo Prime would like to inform you that NVIDIA Corporation (NVIDIA) has announced a 10 : 1 stock split, effective from 10th JUNE 2024 onwards.
At that time, 1 share held will be converted into 10 shares and the share price will be adjusted downwards proportionally to the split.
Given that the NVIDIA Corporation Shares CFD product (#NVIDIA) offered by Doo Prime is derived from the relevant company’s shares on the Exchange, the company will adjust accordingly to the split plan.
For any position in the U.S. stock remaining after the closing date on 10th June 2024, the number of lots held and the opening price will be adjusted accordingly to the 10 : 1 split ratio. Furthermore, any floating profit and loss of your ongoing orders will remain unchanged.
Details of the adjustment are as such:
| U.S. Listed Company | |||
| Trading Symbol | Product | Corporate Action | Effective Date |
| NVIDIA | NVIDIA Corporation Shares CFD | 10 : 1 | 10th June 2024 |
The following example illustrates how # NVIDIA “10 for 1 stock split” can change your trading position:
| NVIDIA Corporation Shares CFD | ||||
| Split | Date | Trading Type | Number of Shares | Opening Price |
| Before Splitting | Before 10th June 2024 | Buy/Sell | 10 | 1.00 |
| After Splitting | After 10th June 2024 | Buy/Sell | 100 | 0.10 |
Please be reminded that：
- Please be informed that all pending orders for NVIDIA will be cancelled before the U.S stock market opens on 10th of June 2024.
- The time stated above is based according to the server time (GMT +3).
- The information above might change subsequently. Please take this information accurately at the time of posting.
