Summary
Amcor plc (AMCR) has filed an 8-K report on January 15, 2026, announcing the completion of a 1-for-5 reverse stock split. This corporate action, approved by shareholders on November 6, 2025, consolidates every five ordinary shares into one. Consequently, the number of outstanding ordinary shares has decreased from approximately 2.3 billion to about 461 million. This change is intended to adjust the share price and potentially enhance its appeal to a broader investor base. Effective January 15, 2026, Amcor's ordinary shares began trading on the NYSE under the symbol 'AMCR' on a split-adjusted basis with a new CUSIP number (G0250X 149). Similarly, Amcor's CHESS Depositary Interests (CDIs) commenced trading on the Australian Stock Exchange ('AMC') on a split-adjusted basis. The company also adjusted the par value of its ordinary and preferred shares to $0.05 and proportionately reduced the number of authorized shares. Investors who would have been entitled to fractional shares will receive a cash payment in lieu thereof. Equity-based awards have also been adjusted accordingly.
Key Highlights
- 1Amcor plc completed a 1-for-5 reverse stock split, reducing outstanding shares from ~2.3 billion to ~461 million.
- 2The reverse stock split became effective and trading on a split-adjusted basis began on January 15, 2026.
- 3Ordinary shares now trade on the NYSE under 'AMCR' with a new CUSIP (G0250X 149).
- 4CHESS Depositary Interests (CDIs) also trade on the ASX ('AMC') on a split-adjusted basis.
- 5The par value of ordinary shares was increased to $0.05, and authorized share count was proportionately reduced.
- 6Fractional shares resulting from the split will be settled with cash payments to shareholders.
- 7Equity-based awards under incentive plans were proportionately adjusted.