Summary by Futu AI
Super Micro Computer has announced a ten-for-one forward stock split of its common stock, scheduled to take effect at 5:00 p.m. Eastern Time on September 30, 2024. Trading on the Nasdaq Global Select Market will commence on a split-adjusted basis on October 1, 2024, under the existing trading symbol "SMCI". The new CUSIP number following the split will be 86800U302.Registered stockholders holding certificated shares must submit a letter of transmittal to Computershare, the company's transfer agent, to exchange their certificates for post-split shares in electronic book-entry form. Those holding shares electronically in book-entry form require no action. Stockholders owning shares through brokers will have their positions automatically adjusted, subject to their broker's processes.