Dec 14, 2021
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.80 to $1.60.
The split itself did not change the total investment value.
Borr Drilling Limited (NYSE:BORR) operates in the Contract drilling industry.
Borr Drilling Limited company overviewBorr Drilling Limited's most recent stock split was on December 14, 2021. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Borr Drilling Limited (NYSE:BORR) has split its stock 2 times: a 1-for-5 reverse split on June 26, 2019 and a 1-for-2 reverse split on December 14, 2021.
Borr Drilling Limited has split its stock 2 times. This history records 2 reverse splits between June 26, 2019 and December 14, 2021.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Borr Drilling Limited's 1-for-2 reverse split on December 14, 2021, every 2 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Borr Drilling Limited has not announced a new split in our records. Its most recent split was on December 14, 2021, 4 years ago. Companies announce splits in advance, and any new NYSE:BORR split will appear on this page.
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