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:

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.