May 07, 2024
1:25
For every 25 shares held, investors received 1.
The split itself did not change the total investment value.
Archer Limited (MUN:8SW) operates in the Contract drilling industry.
Archer Limited company overviewArcher Limited's most recent stock split was on May 7, 2024. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Archer Limited (MUN:8SW) has split its stock 2 times: a 1-for-10 reverse split on September 28, 2015 and a 1-for-25 reverse split on May 7, 2024.
Archer Limited has split its stock 2 times. This history records 2 reverse splits between September 28, 2015 and May 7, 2024.
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 7, 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.
Archer Limited has not announced a new split in our records. Its most recent split was on May 7, 2024, 2 years ago. Companies announce splits in advance, and any new MUN:8SW split will appear on this page.
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