Precision Drilling Corp (PDS) Stock Split History

Precision Drilling Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 18, 2005 with the ratio of 2-for-1, meaning that for 1 share of PDS owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on November 12, 2020 on a 1-for-20 basis.

These actions have increased PDS 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 Precision Drilling Corp's total market capitalization.

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

PDS stock split list

Date	Split Ratio
2020-11-12	1 - for - 20
2005-05-18	2 - for - 1

Will Precision Drilling Corp Stock Split in 2024?

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