Amcor Announces Effective Date for Reverse Stock Split

Rhea-AI Summary

Amcor (NYSE: AMCR) will implement a 1-for-5 reverse stock split previously approved by shareholders, effective after market close on January 14, 2026, with split-adjusted shares beginning to trade on January 15, 2026. The reverse split will combine every five ordinary shares into one, reducing outstanding shares from approximately 2.3 billion to approximately 461 million. CHESS Depositary Interests will be consolidated 1-for-5 to continue representing one ordinary share each. The company will report fiscal 2026 second-quarter per-share metrics on a split-adjusted basis in early February 2026. No fractional shares will be issued; fractional entitlements will be paid in cash. The amended memorandum of association will reduce authorized shares proportionately and set par value to $0.05 per share.

Positive

• Outstanding shares reduced from ~2.3B to ~461M
• Fiscal Q2 FY2026 per-share metrics to be reported on a split-adjusted basis
• CDIs consolidated 1-for-5 to preserve CDI-to-share representation

Negative

• No fractional shares issued; shareholders entitled to fractions will receive cash payments
• Authorized share count reduced and par value increased to $0.05

Key Figures

Reverse split ratio 1-for-5 Previously approved reverse stock split for Amcor ordinary shares and CDIs

Effective trading date January 15, 2026 Split-adjusted shares expected to begin trading

Effective amendment timing After close January 14, 2026 Amendment to memorandum of association to effect reverse split

Outstanding shares pre-split Approximately 2.3 billion Ordinary shares issued and outstanding or held as treasury shares pre-split

Outstanding shares post-split Approximately 461 million Expected ordinary shares outstanding after reverse stock split

Par value per share $0.05 Par value of Amcor ordinary shares after reverse split amendment

Exchange listings NYSE: AMCR; ASX: AMC Post-split trading symbols for ordinary shares and CDIs

Second quarter 2026 timing Early February 2026 Split-adjusted per share metrics to be reported

Market Reality Check

$8.20 Last Close

Volume Volume 18,201,909 vs 20-day average 21,829,855 ahead of the announcement. normal

Technical Shares at $8.20 were trading below the $8.97 200-day moving average before this news.

Peers on Argus

Peers in Packaging & Containers were stronger, with names like PKG, BALL, SW, IP and AVY up between 2.11% and 4.65%, compared with AMCR’s more modest 1.11% move pre-announcement.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 18	Innovation initiative	Positive	+0.1%	Launch of Lift-Off challenge to foster sustainable packaging start-up technologies.
Nov 05	Earnings results	Positive	+2.5%	Strong Q1 combined results and reaffirmed fiscal 2026 guidance with higher dividend.
Oct 27	Sustainability update	Positive	+1.6%	FY25 sustainability report highlighting recyclability, emissions cuts and waste recycling.
Oct 22	Earnings preview	Neutral	+1.1%	Scheduling and access details for upcoming first-quarter 2026 results call and webcast.
Oct 09	Management change	Positive	-1.9%	Appointment of new CFO and reaffirmed fiscal 2026 guidance and EPS expectations.

Pattern Detected

Recent news (earnings, sustainability, innovation) generally saw modest positive price reactions, while a CFO transition headline coincided with a negative move, indicating occasional divergence on management changes.

Recent Company History

Over the last few months, Amcor reported several milestones, including a solid first-quarter 2026 result with higher net sales and adjusted EBITDA, sustainability progress in its FY25 report, and innovation efforts via the Lift-Off Winter 2025/26 Challenge. Governance items, including the 1-for-5 reverse stock split proposal, appeared in proxy materials. A CFO appointment brought leadership change and the only negative price reaction in this set. Today’s reverse split timing formalizes what shareholders previously approved.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-07-15

The company has an effective S-3ASR shelf registration dated 2025-07-15, expiring 2028-07-15, with no reported usage yet. This provides pre-cleared capacity for future registered securities offerings without specifying any amount in the provided data.

Market Pulse Summary

This announcement sets the effective timing and mechanics of Amcor’s previously approved 1-for-5 reverse stock split, reducing outstanding shares from roughly 2.3 billion to about 461 million and lifting par value to $0.05 per share. Second-quarter fiscal 2026 per share metrics will be reported on a split-adjusted basis. Investors may track how this structural change interacts with existing guidance, prior positive earnings momentum, and the company’s effective shelf registration through 2028-07-15.

Key Terms

reverse stock split financial

"announced today it will proceed with the 1-for-5 reverse stock split previously approved"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

treasury shares financial

"every five ordinary shares of Amcor issued and outstanding or held as treasury shares"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

par value financial

"and increase the par value of Amcor's ordinary shares to $0.05 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

CUSIP financial

"but will trade under a new CUSIP number"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

AI-generated analysis. Not financial advice.

Split-adjusted shares expected to begin trading on January 15, 2026

Second quarter fiscal 2026 per share metrics to be reported on a split-adjusted basis

ZURICH, Dec. 11, 2025 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today it will proceed with the 1-for-5 reverse stock split previously approved by Amcor shareholders at its annual general meeting of shareholders held on November 6, 2025. Amcor expects to file an amendment to its memorandum of association to effect the reverse stock split after the close of trading on January 14, 2026, and Amcor ordinary shares will begin trading on a split-adjusted basis on January 15, 2026. Amcor's CHESS Depositary Interests ("CDIs") will also be consolidated on a 1-for-5 basis such that one CDI continues to represent an interest in one Amcor ordinary share following the reverse stock split.

Amcor intends to present its fiscal 2026 second quarter and second quarter year to date per share metrics, including earnings per share, on a split-adjusted basis when reported in early February 2026.

When the reverse stock split is effective, every five ordinary shares of Amcor issued and outstanding or held as treasury shares as of the effective date will be automatically combined into one Amcor ordinary share. This will reduce the number of outstanding ordinary shares from approximately 2.3 billion to approximately 461 million. Concurrently with the reverse stock split, Amcor's amended memorandum of association will also proportionately reduce the number of Amcor's ordinary shares authorized for issuance and increase the par value of Amcor's ordinary shares to $0.05 per share.

No fractional shares will be issued in connection with the reverse stock split. Shareholders of record otherwise entitled to receive a fractional share as a result of the reverse stock split will receive a cash payment in lieu of such fractional shares. Unvested Amcor equity-based awards as issued under Amcor incentive plans will be proportionately adjusted.

Amcor ordinary shares will continue trading on the New York Stock Exchange (under the symbol "AMCR"), but will trade under a new CUSIP number. CDIs will continue to trade on the Australian Stock Exchange (under the symbol "AMC").

Additional information concerning the reverse stock split can be found in Amcor's definitive proxy statement filed with the Securities and Exchange Commission on September 23, 2025, as well as on Amcor's Investor Relations website, https://www.amcor.com/investors. 

Cautionary Statement Regarding Forward-Looking Statements

This Press Release contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Amcor has identified some of these forward-looking statements with words like "believe," "target," "project," "may," "could," "would," "approximately," "possible," "will," "should," "expect," "intend," "plan," "anticipate," "commit," "estimate," "potential," "ambitions," "outlook" or "continue," the negative of these words, other terms of similar meaning or the use of future dates. Such statements are based on the current expectations of the management of Amcor, and are qualified by the inherent risks and uncertainties surrounding future expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. None of Amcor or any of its respective directors, executive officers, or advisors, provide any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements will actually occur. Risks and uncertainties that could cause results to differ from expectations include, but are not limited to, those discussed in Amcor's disclosures described under Part I, "Item 1A - Risk Factors" in Amcor's Annual Report on Form 10-K for the fiscal year ended June 30, 2025. Forward looking statements included herein are made only as of the date hereof and Amcor does not undertake any obligation to update any forward-looking statements, or any other information in this Press Release, as a result of new information, future developments or otherwise, or to correct any inaccuracies or omissions in them which become apparent. All forward-looking statements in this Press Release are qualified in their entirety by this cautionary statement.  

ENDS

About Amcor

Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries.  

NYSE: AMCR; ASX: AMC               www.amcor.com I  LinkedIn  I  YouTube

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SOURCE Amcor

FAQ

What is the effective date of Amcor's 1-for-5 reverse stock split (AMCR)?

Amcor's reverse stock split is effective after market close on January 14, 2026, with split-adjusted trading beginning January 15, 2026.

How many Amcor (AMCR) shares will be outstanding after the reverse split?

Outstanding ordinary shares will be reduced from approximately 2.3 billion to approximately 461 million.

Will Amcor report earnings per share (EPS) on a split-adjusted basis for fiscal Q2 2026?

Yes. Amcor intends to present fiscal 2026 second-quarter and year-to-date per-share metrics on a split-adjusted basis when reported in early February 2026.

What happens to fractional shares from Amcor's reverse split for AMCR shareholders?

No fractional shares will be issued; shareholders otherwise entitled to fractional shares will receive a cash payment in lieu of the fractional shares.

Will Amcor CDIs on the ASX be affected by the reverse split for AMC?

Yes. Amcor CHESS Depositary Interests will be consolidated on a 1-for-5 basis so one CDI continues to represent one ordinary share post-split.

Will Amcor (AMCR) continue trading on the NYSE after the reverse split?

Yes. Amcor ordinary shares will continue trading on the New York Stock Exchange under the symbol AMCR, but will trade under a new CUSIP number.