Nabors Industries Ltd.
Latest Stock Split
Apr 23, 2020
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $10.60 to $530.00.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Apr 23, 2020Before$10.60Split ratio1:50After$530.00Reverse
- Apr 18, 2006Before—Split ratio2:1After—Forward
About Nabors Industries Ltd. stock splits
Nabors Industries Ltd. (GETTEX:NBI1) operates in the Contract drilling industry.
Nabors Industries Ltd. company overviewWhen did Nabors Industries Ltd. stock split?
Nabors Industries Ltd.'s most recent stock split was on April 23, 2020. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
What is Nabors Industries Ltd.'s stock split history?
Nabors Industries Ltd. (GETTEX:NBI1) has split its stock 2 times: a 2-for-1 split on April 18, 2006 and a 1-for-50 reverse split on April 23, 2020.
How many times has Nabors Industries Ltd. stock split?
Nabors Industries Ltd. has split its stock 2 times. This history records 2 splits between April 18, 2006 and April 23, 2020.
What is a reverse stock split?
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 Nabors Industries Ltd.'s 1-for-50 reverse split on April 23, 2020, every 50 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.
Will Nabors Industries Ltd. split its stock again?
Nabors Industries Ltd. has not announced a new split in our records. Its most recent split was on April 23, 2020, 6 years ago. Companies announce splits in advance, and any new GETTEX:NBI1 split will appear on this page.