Summary
Amcor plc (AMCR) has filed an 8-K report on December 11, 2025, to formally announce its decision to proceed with a previously approved 1-for-5 reverse stock split. This action, slated to become effective on January 15, 2026, will reduce the number of outstanding ordinary shares from approximately 2.3 billion to around 461 million. The move is intended to adjust the per-share trading price of Amcor's stock. Key operational changes accompanying the reverse split include an amendment to the company's memorandum of association, which will proportionately reduce authorized shares and increase the par value of both ordinary and preferred shares to $0.05. While no fractional shares will be issued (cash will be provided in lieu), unvested equity awards will be adjusted. The stock will continue to trade on the NYSE under the AMCR ticker but with a new CUSIP number, and its CHESS Depositary Interests (CDIs) will remain on the Australian Stock Exchange under AMC.
Key Highlights
- 1Amcor plc is implementing a 1-for-5 reverse stock split, effective January 15, 2026.
- 2The reverse split will reduce outstanding shares from approximately 2.3 billion to 461 million.
- 3The company's memorandum of association will be amended to adjust authorized share counts and par value ($0.05).
- 4Fractional shares will not be issued; shareholders will receive cash for any fractional entitlements.
- 5Unvested equity-based awards will be proportionately adjusted to reflect the split.
- 6Amcor's ordinary shares will continue trading on the NYSE under the AMCR symbol, but with a new CUSIP.
- 7Amcor's CDIs will continue trading on the Australian Stock Exchange under the AMC symbol.