Nvidia seeks approval to double shares to 8 bln

Samsung
magic-

Go to company page Samsung

magic-
Apr 9 30 Comments

Seems they want to dilute the shares and raise capital? What do you guys think will be impact on stock price ? Any FAANG companies did it in past ?

TC: 170k
#investments #stockmarket

comments

Want to comment? LOG IN or SIGN UP
TOP 30 Comments
  • Meta
    Chris Rock

    Go to company page Meta

    Chris Rock
    Where are you seeing this? That would just imply a stock split
    Apr 9 10
    • Meta
      Chris Rock

      Go to company page Meta

      Chris Rock
      From News in TD, Dow Jones Newswire

      "Nvidia's board backs the proposed amendment, saying the additional shares would give the company discretion to take certain actions, without further shareholder approval, for such things as stock splits, equity incentives and more."
      Apr 9
    • NVIDIA
      paxs

      Go to company page NVIDIA

      paxs
      An approval raise doesn't mean Nvidia is using those shares right away... So until Nvidia does it has zero impact, and when they do, shareholders trust Nvidia to do it in a way that will increase Nvidia valuation more than the dilution that will come from.it.
      Apr 9
  • Adobe
    downBadd

    Go to company page Adobe

    downBadd
    Also it seems like they are just going to authorize these shares and that is not going in circulation instantly. It maybe used for compensation or acquisitions down the line but still quite aggressive.
    Apr 9 15
    • NVIDIA
      paxs

      Go to company page NVIDIA

      paxs
      😎😎
      Apr 10
    • NVIDIA
      paxs

      Go to company page NVIDIA

      paxs
      It doesn't do anything, Nvidia was already allowed to issue quite a bit of share on the market, but they don't do it without any reason. Now they got approval to issue more shares, but until they do it nothing has changed.
      When they do, it depends what they do with those, the market will then react based on the business decision behind issuing those shares
      Apr 10
  • Adobe
    downBadd

    Go to company page Adobe

    downBadd
    This doesn’t make sense, that should instantly tank the stock. That paragraph is so vague to me. Doubling shares is the most aggressive attempt to raise capital I’ve heard of. For a company with considerable cash on balance, this is unheard of to say the least.
    Apr 9 1
  • Why would shareholders approve a measure that will halve the value of their stock?
    Apr 11 0