Sandisk Expects Split-Adjusted Trading to Begin Nov. 20 After an Eight-for-One Split

Sandisk plans an eight-for-one forward split of its common stock, with split-adjusted trading expected to begin Nov. 20 after additional shares are distributed to eligible holders.

Shareholders of record at close of business Monday, Nov. 9, are due seven additional shares for each share held. Sandisk plans to distribute the shares after market close Nov. 19.

Sandisk posted fiscal first-quarter 2027 revenue of $11.031 billion and GAAP net income of $8.101 billion. Non-GAAP diluted earnings per share were $49.51 on a pre-split basis.

Chairman and CEO David Goeckeler said the company had “robust and growing demand for our products driving outpaced growth in our data center business.”