Nvidia (NVDA) said late Tuesday it does not endorse and remains neutral on the unsolicited 'mini-tender' offer from TRC Capital Investment to purchase up to 1 million shares of its common stock at $131.50 per share in cash.
The company said its shareholders should obtain current market quotations for their shares, consult with brokers or financial advisors, and exercise caution regarding TRC's offer.
The mini-tender offer is to expire on Feb. 20.
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