Borr Drilling Ltd (BORR) Stock Split History

Borr Drilling Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 26, 2019 with the ratio of 1-for-5, meaning that for 5 shares of BORR owned pre-split, shareholders then owned 1 share. The most recent stock split took place on December 14, 2021 on a 1-for-2 basis.

These actions have increased BORR stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Borr Drilling Ltd's total market capitalization.

For more detailed information of Borr Drilling Ltd's stock splits, view the table below:

BORR stock split list

Date	Split Ratio
2021-12-14	1 - for - 2
2019-06-26	1 - for - 5

Will Borr Drilling Ltd Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Borr Drilling Ltd has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when BORR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Borr Drilling Ltd's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
RIG	1997-09-22	2 - for - 1
PTEN	2004-07-01	2 - for - 1
HP	2006-07-10	2 - for - 1
BORR	2021-12-14	1 - for - 2
PDS	2020-11-12	1 - for - 20
PDS	2020-11-12	1 - for - 20
NBR	2020-04-23	1 - for - 50
NBR	2020-04-23	1 - for - 50
ICD	2020-03-12	1 - for - 20
ICD	2020-03-12	1 - for - 20