Summary by Futu AI
Super Micro Computer, Inc. announced on September 26, 2024, that it will undergo a ten-for-one forward stock split of its common stock, which will be effective at 5:00 p.m. Eastern Time on September 30, 2024. The stock, traded under the symbol SMCI on the NASDAQ Global Select Market, will begin trading on a split-adjusted basis from the market open on October 1, 2024. The new CUSIP number for the post-split common stock will be 86800U302. Computershare Trust Company, N.A. will serve as the exchange agent for the stock split. Registered stockholders with certificated shares will be required to surrender their old certificates to Computershare in exchange for new shares in electronic form, following the instructions provided in a letter of transmittal. Those holding shares in electronic book-entry form or through a broker, bank, or other nominee will have their shares automatically adjusted to reflect the stock split and are not required to take any further action.