Independence Contract Drilling Inc (ICD) Stock Split History

Independence Contract Drilling Inc has split its stock once since its initial public offering (IPO). The stock split of Independence Contract Drilling Inc occurred on March 12, 2020 on a 1-for-20 basis, meaning that for 20 shares of ICD owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Independence Contract Drilling Inc's total market capitalization.

ICD stock split list

Date	Split Ratio
2020-03-12	1 - for - 20

Will Independence Contract Drilling Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Independence Contract Drilling Inc 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 ICD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Independence Contract Drilling Inc'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