The price of the shares after the split will depend on what the stocks are trading for at the time the split takes effect. The stock will begin trading on a split-adjusted basis the next day. Assuming the measure is approved, each shareholder of record as of June 21 will receive three additional shares for each share held, which will be delivered after the market close on July 19. The vote will take place at the company's annual stockholder meeting on June 3. The board of directors approved a 4-for-1 stock split, also in the form of a stock dividend, but the move will be conditional upon receiving shareholder approval to increase the number of authorized shares to 4 billion. NVIDIA's stock split is slightly more complicated. How will the respective stock splits work? And perhaps more importantly, should investors buy The Trade Desk or NVIDIA shares because of the upcoming stock splits? Given the high sticker price, a stock split will make shares of each company more accessible to individual investors that might have smaller amounts of money to invest. The Trade Desk and NVIDIA are currently trading at roughly $561 and $626, respectively. This offers at least a partial justification for the companies to split their shares. Both companies' stocks have run substantially higher over the past 12 months, with The Trade Desk stock up 83% over the past year, while NVIDIA has gained 73% (as of this writing). Both businesses said the goal of their respective stock split was to make shares more accessible to employees and a broader base of prospective investors. NVIDIA ( NVDA -1.49%) and The Trade Desk ( TTD -0.02%) made headlines recently when the high-growth technology companies each announced an upcoming stock split.
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