1. Norway Stocks

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    Industrial services

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    Contract drilling
NorAm Drilling AS

NorAm Drilling AS

45.90
NOK
-1.35
(-2.86%)
2.92EPS
13.08P/E
1.66BMarket Cap
Nov 27Next Earn

Latest Stock Split

Nov 21, 2018

1:20

For every 20 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Nov 21, 2018
    Before—
    Split ratio1:20
    After—
    Reverse

About NorAm Drilling AS stock splits

NorAm Drilling AS (OSL:NORAM) operates in the Contract drilling industry.

NorAm Drilling AS company overview

When did NorAm Drilling AS stock split?

NorAm Drilling AS's most recent stock split was on November 21, 2018. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.

How many times has NorAm Drilling AS stock split?

NorAm Drilling AS has split its stock once. This history records one reverse split, on November 21, 2018.

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 NorAm Drilling AS's 1-for-20 reverse split on November 21, 2018, every 20 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 NorAm Drilling AS split its stock again?

NorAm Drilling AS has not announced a new split in our records. Its most recent split was on November 21, 2018, 7 years ago. Companies announce splits in advance, and any new OSL:NORAM split will appear on this page.