did broadcom have a stock split?

Short answer: yes. Broadcom announced a 10-for-1 forward stock split in June 2024; split-adjusted trading began July 15, 2024. This article explains the details, dates, mechanics, investor effects,...

2026-01-13 08:58:00

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Broadcom stock split

Did Broadcom have a stock split? This article answers that question in full detail, explains why Broadcom implemented the split, lists the exact dates and mechanics, describes broker handling and investor effects, and provides a concise timeline and FAQ for quick reference.

Did Broadcom have a stock split? Yes — Broadcom Inc. (ticker AVGO) announced a ten-for-one forward stock split on June 12, 2024, and shares began trading on a split-adjusted basis on July 15, 2024. The split was intended to make shares more accessible following a significant run-up in price and was implemented without changing shareholders' proportional ownership.

Background

Broadcom Inc. is a global technology company that operates two primary business lines: semiconductor solutions and infrastructure software. Over the years, Broadcom's shares rose sharply, driven by robust demand in networking, data-center infrastructure and software services. That sustained price appreciation set the stage for a corporate action to lower the per-share price via a forward stock split.

When retail and institutional investors ask "did broadcom have a stock split" they are usually responding to headlines triggered by Broadcom's mid-2024 corporate action and wondering about the practical consequences. This article relies on Broadcom's investor materials and contemporaneous financial reporting to provide a clear, verifiable account.

Announcement

On June 12, 2024, Broadcom's Board of Directors approved and announced a forward stock split via the company's investor relations release and related SEC exhibit. The announcement coincided with the company’s periodic investor communications around its fiscal results and reflected management’s decision to increase accessibility of its public shares after a multiyear price appreciation.

The official announcement described the split ratio, the actions required to implement it (including an amendment to the certificate of incorporation to increase authorized common stock), and the planned record and effective dates. Broadcom also posted a FAQ on its investor site to address common shareholder questions about mechanics and tax treatment.

Terms and key dates

Split ratio

The split was a 10-for-1 forward stock split. For each existing share held, shareholders received nine additional shares, resulting in ten post-split shares for each pre-split share.
To restate: when people search "did broadcom have a stock split", the 10-for-1 ratio is the central fact — a shareholder with 1 pre-split share held 10 post-split shares (subject to broker handling of fractional shares).

Record date, effective date and first trading day

Record date: shareholders of record as of July 11, 2024, were entitled to the split.
Effective amendment and corporate action: Broadcom filed the certificate amendment that increased authorized common shares, with the amendment effective after market close on July 12, 2024, per SEC filing details.
First day of split-adjusted trading: the first trading day with split-adjusted share count and pricing was the market open on July 15, 2024.

These dates reflect Broadcom's official timeline and broker operational calendars. When asking "did broadcom have a stock split" investors often want the exact record and trading dates — July 11 (record), July 12 (effective amendment after market close), and July 15 (first split-adjusted trading) are the key timestamps.

Mechanics (authorized shares, par value, fractional shares)

How the split was implemented: Broadcom effectuated the split by amending its certificate of incorporation to increase the number of authorized shares of common stock. The par value per share remained unchanged; the action was a forward split rather than a reverse split or a change in par value.
Fractional shares: the company did not issue fractional shares as a matter of corporate record. Brokers and transfer agents handled fractional results according to their policies — typically by cashing out fractional entitlements based on the closing price or aggregating fractional interests when allowed. Retail investors should check notices from their brokers or custodians (platform guidance such as broker help pages) for exact handling.

Rationale given by management

Broadcom’s public materials stated the split was intended to make the company’s shares more accessible to a wider range of investors and to broaden employee share ownership. Management framed the split as a reflection of Broadcom’s strong share-price performance and a practical step to reduce the per-share trading price, which can improve trading flexibility for retail investors and employee participants in equity plans.

Executives’ commentary in the announcement emphasized accessibility and alignment with shareholders' interests rather than signaling changes to capital allocation policy or an impending change to buyback or dividend plans.

Accounting, tax and shareholder effects

Equity and proportional ownership: A forward stock split does not change a shareholder’s proportional ownership of the company. Post-split, each shareholder owns more shares but the same percentage of total outstanding shares (subject only to rounding for fractional-share cash-outs by brokers).
Market capitalization and voting power: The company’s total market capitalization and each investor's proportional voting power remained unchanged immediately as a result of the split.
Per-share metrics and dividends: After a 10-for-1 split, per-share metrics (EPS, book value per share, dividend per share) are adjusted to reflect the new share count. If Broadcom maintained a per-share dividend, the per-share amount would be divided by ten unless the company explicitly declared a change. Historical charting and financial datasets are adjusted to allow apples-to-apples comparisons across the split event.
Tax treatment: Broadcom’s investor materials and the SEC exhibit described the split as intended to qualify as a tax-free recapitalization for U.S. federal income tax purposes, meaning the split itself generally does not create taxable income for shareholders. Investors should consult tax advisors for facts specific to their circumstances.

When readers search "did broadcom have a stock split" they often also ask whether the action carried tax consequences — the corporate guidance and the company FAQ made clear the split was intended to be tax-free in the customary way forward splits are treated under U.S. tax law.

Market and investor reaction

Media coverage and analyst commentary reflected a mix of practical and psychological observations:

Accessibility and liquidity: Several outlets and market commentators noted that the split would lower the per-share price and could make shares more accessible to retail investors and smaller institutional accounts, potentially increasing liquidity.
Short-term trading effects: On and around the record and trading dates, some trading platforms temporarily adjusted order acceptance and processing, and news coverage described short-lived operational notices from brokers.
Investor psychology: Stock splits often generate renewed retail interest; commentators pointed out that while splits do not change fundamentals, they can affect investor perception and trading behavior.
Analyst coverage: Financial outlets explained the split alongside analyses of Broadcom's business results. Neutral coverage emphasized that the split did not alter fundamentals such as revenue growth, margins, or long-term strategy.

Sources including financial news outlets and market-data sites documented these reactions in mid-June through July 2024.

Broker and platform handling

Operationally, brokers and trading platforms typically issued guidance to clients about timing and mechanics of the split. Common actions included:

Temporary suspension or adjustment of scheduled orders: Some brokers paused acceptance or execution of certain order types around record or effective dates to ensure correct share counts and to avoid mismatches.
Holdings updates: Client account displays were updated after the split became effective; in many cases, investors saw the adjusted share count and per-share price reflected on the first post-split trading day.
Fractional-share policies: Brokers followed their own procedures for fractional entitlements — many converted fractional shares to a cash payment at market value on a specified date.

Retail investors were advised to review platform notices or help pages for timing specifics. For users of crypto-native custody or wallet solutions that also provide tokenized equity products, check wallet provider notices. For trading and custody, readers may explore Bitget or Bitget Wallet to learn about available services related to equity trading and secure storage of digital assets.

Historical context and prior splits

Broadcom’s corporate lineage includes historical stock splits and structural changes across predecessor entities and following major corporate transactions. The 10-for-1 split in July 2024 is notable in Broadcom's recent corporate history as the most significant forward split since the company's evolution through mergers and strategic acquisitions. Historical split records show earlier splits and corporate reorganizations across decades, but the 2024 action was the one that directly responded to a prolonged rise in Broadcom's share price.

When investors ask "did broadcom have a stock split" they are often interested not only in the 2024 event but also how it compares to earlier corporate actions. Historical split databases and Broadcom's investor relations archive provide split history by date for full context.

Post-split price adjustment and data caveats

Historical price data: Market-data providers adjust historical price series for stock splits so that pre-split prices are comparable with post-split prices. If you view a long-term price chart, you will see the split-adjusted historical series rather than a sudden discontinuity.
Analyst metrics and targets: Analysts typically restate per-share targets and valuation metrics on a post-split basis for clarity. A split does not change the economic valuation implied by an analyst's model; it only changes per-share denominators.
Datasets and screener filters: When filtering by price ranges or screener criteria, remember that unadjusted historic data can mislead if not corrected for the split. Confirm that the platform you use applies split adjustments to historical prices and per-share statistics.

Frequently asked questions (FAQ)

Q: Did Broadcom have a stock split? A: Yes. Broadcom completed a 10-for-1 forward stock split announced June 12, 2024; split-adjusted trading began July 15, 2024.

Q: Do I need to take action as a shareholder? A: No corporate action was required from shareholders to receive the split shares; the adjustment was automatic through the transfer agent and brokers. However, check your broker account and statements to confirm the adjusted share count and any cash paid for fractional shares.

Q: Will my percentage ownership change after the split? A: No. The split does not change your proportional ownership or voting power (aside from minor rounding due to fractional-share settlement by brokers).

Q: Are fractional shares issued? A: Broadcom did not issue fractional shares on the corporate record. Brokers typically handled fractional entitlements according to their own policies, which may include cash settlements.

Q: Is the split taxable? A: The company stated the split was intended to qualify as a tax-free recapitalization for U.S. federal income tax purposes. Investors should consult tax professionals for individual advice.

Q: Where can I trade Broadcom stock after the split? A: Broadcom shares continue to trade on the public exchange where they were listed. For investors using modern trading platforms and custody solutions, consider reviewing available services on Bitget and Bitget Wallet for trading and asset custody options.

Timeline

June 12, 2024: Broadcom’s Board announced a 10-for-1 forward stock split and published supporting investor materials and SEC exhibit.
July 11, 2024: Record date for shareholders of record eligible for the split.
July 12, 2024: Amendment to the certificate of incorporation made effective after market close to increase authorized common shares.
July 15, 2024: First trading day where Broadcom shares traded on a split-adjusted basis.

This concise chronology answers the question "did broadcom have a stock split" with specific dates for investors requiring precise timing.

Market context note (sector environment)

As a sector note relevant to timing and sentiment around 2024–2026: semiconductor and infrastructure names have experienced variable cycles. For example, industry reports and market commentary in 2026 highlighted mixed short-term readings on chip-market growth while also emphasizing robust demand for AI-related infrastructure. As of January 20, 2026, market commentary from sector trackers referenced both near-term monthly volatility and a longer-term recovery driven by data-center and AI investments. Those macro-level observations provide background on why companies in the space, including Broadcom, remain closely watched for capital actions and share-price behavior.

When readers search "did broadcom have a stock split" they may also be researching relative valuation and sector dynamics; be mindful that a split addresses per-share affordability, not business fundamentals.

References

Broadcom Investor Relations — "Stock Split Frequently Asked Questions" (issued June 12, 2024); Broadcom investor communications and FAQ materials.
Broadcom Press Release and SEC Exhibit — Corporate announcement and certificate amendment filing (June 12, 2024 and July 12, 2024 filing details).
Broker help resources — platform notices describing the Broadcom 10-for-1 split and operational guidance (published around July 2024).
Nasdaq coverage — article summarizing Broadcom's 10-for-1 stock split and market context (mid-June 2024 reporting).
Morningstar — analysis piece on what Broadcom’s split meant for investors (July 2024).
Financial commentary — coverage from broadly read finance outlets summarizing market reaction and mechanics (June–July 2024).
Historical split data sources — Broadcom split history databases and archival market-data services (split history through 2024).
Sector note: Barchart market commentary and related coverage noting semiconductor-sector dynamics (reported as of January 20, 2026).

Note: dates and mechanics above are based on Broadcom’s official investor materials and contemporaneous press reporting. For precise legal or tax conclusions, consult the company filings or qualified professional advisors.