1. Norway Stocks

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    Industrial services

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    Contract drilling
Archer Limited

Archer Limited

17.74
NOK
-0.76
(-4.11%)
-0.74EPS
2.25BMarket Cap
Nov 12Next Earn

Latest Stock Split

May 08, 2024

1:25

For every 25 shares held, investors received 1. The price per share adjusted from $1.15 to $28.85.

The split itself did not change the total investment value.

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Stock Split History

  1. May 08, 2024
    Before$1.15
    Split ratio1:25
    After$28.85
    Reverse
  2. Sep 28, 2015
    Before—
    Split ratio1:10
    After—
    Reverse

About Archer Limited stock splits

Archer Limited (STO:ARCHO) 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 8, 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 (STO:ARCHO) 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 8, 2024.

How many times has Archer Limited stock split?

Archer Limited has split its stock 2 times. This history records 2 reverse splits between September 28, 2015 and May 8, 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 8, 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 8, 2024, 2 years ago. Companies announce splits in advance, and any new STO:ARCHO split will appear on this page.