This article below is not intended to defend the United States or advertise NVIDIA at all.
Instead, I just want Koreans not to hang themselves in an apartment.
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Nvidia shares have split face value six times since going public.
The most recent installment was implemented on June 10, 2024,
If you bought one share in January 1999, it would be 480 shares now.
In terms of stock prices, let’s say that at the time of listing in 1999, it was $12 per share and you bought 100 shares, so if you’ve invested $1,200 and you’ve held it so far
100 shares x 480 (face split) = 48,000 shares
48,000 shares x $131.88/share (as of June 17, 2024) = $6,330,240
That means $6,330,240/$1,200 = 5,275.2 (fold),
In other words, the rate of increase is 527,520% (527,520%). Nearly 530,000 percent (25-year holdings)
Anvidia said it will soon implement a share buyback, so further gains are expected soon.
NVIDIA stock (symbol: NVDA) underwent a total of 6 stock splits.
The most recent stock split occured on June 10th, 2024.
One NVDA share bought prior to June 27th, 2000 would equal to 480 NVDA shares today.
Stock split list
Date Split Multiple Cumulative multiple
2024-06-10 10:1 x10 x480
2021-07-20 4:1 x4 x48
2007-09-11 3:2 x1.5 x12
2006-04-07 2:1 x2 x8
2001-09-17 2:1 x2 x4
2000-06-27 2:1 x2 x2
$12/share Stock Price at Listing on January 22, 1999
When was NVIDIA’s initial public offering and what was the opening price? NVIDIA went public on January 22, 1999 at $12/share.
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E-Daily News Article, February 11, 2024
In the case of Eunma Apartment in Daechi-dong, KRW 730 million for exclusive use during the high-intensity regulation in 2004, KRW 937.5 million for the same equilibrium in 2014 during the downturn in the Seoul metropolitan area
February 2024 Average Sale Price Near Record High of KRW 2,633.33 Million
26.333333/7.3000 = 360.7 (%) Over 20 years
(Not taking into account various expenses such as comprehensive real estate tax, transfer tax, and benefits)
Meanwhile, Eunma Apartment’s initial sale price was around 27 million won, which has increased house prices by 100 times over the past 45 years.
A 100-fold increase over 45 years is a 10,000 percent increase.