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    Contract drilling
Archer Limited

Archer Limited

17.98
NOK
-0.30
(-1.64%)
-0.74EPS
2.30BMarket Cap
Nov 12Next Earn

Latest Stock Split

May 15, 2024

1:25

For every 25 shares held, investors received 1. The price per share adjusted from $1.04 to $26.10.

The split itself did not change the total investment value.

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Stock Split History

  1. May 15, 2024
    Before$1.04
    Split ratio1:25
    After$26.10
    Reverse
  2. Mar 07, 2023
    Before$4.99
    Split ratio1571:603
    After$1.92
    Forward
  3. Sep 28, 2015
    Before—
    Split ratio1:10
    After—
    Reverse

About Archer Limited stock splits

Archer Limited (LSE:0RBA) operates in the Contract drilling industry.

Archer Limited company overview

When did Archer Limited stock split?

Archer Limited's most recent stock split was on May 15, 2024. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.

What is Archer Limited's stock split history?

Archer Limited (LSE:0RBA) has split its stock 3 times: a 1-for-10 reverse split on September 28, 2015, a 1571-for-603 split on March 7, 2023, and a 1-for-25 reverse split on May 15, 2024.

How many times has Archer Limited stock split?

Archer Limited has split its stock 3 times. This history records 3 splits between September 28, 2015 and May 15, 2024.

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 Archer Limited's 1-for-25 reverse split on May 15, 2024, every 25 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 Archer Limited split its stock again?

Archer Limited has not announced a new split in our records. Its most recent split was on May 15, 2024, 2 years ago. Companies announce splits in advance, and any new LSE:0RBA split will appear on this page.