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

News Market Reaction

-1.20%

1 alert

-1.20% News Effect

On the day this news was published, AMCR declined 1.20%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Reverse split ratio: 1-for-5 Split trading date: January 15, 2026 Effective date: January 14, 2026 +3 more

6 metrics

Reverse split ratio 1-for-5 Ordinary shares and CHESS Depositary Interests

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

Effective date January 14, 2026 Amendment to memorandum of association after close of trading

Current shares outstanding Approximately 2.3 billion shares Ordinary shares before reverse stock split

Post-split shares Approximately 461 million shares Ordinary shares after reverse stock split

Par value per share $0.05 per share Par value after reverse stock split and memorandum amendment

Market Reality Check

Price: $44.53 Vol: Volume 18,201,909 is at 0...

normal vol

$44.53 Last Close

Volume Volume 18,201,909 is at 0.83x the 20-day average 21,829,855 ahead of the reverse split. normal

Technical Shares trade below the 200-day MA, with price at 8.20 versus 200-day MA of 8.97.

Peers on Argus

Key packaging peers like PKG, BALL, SW, IP and AVY show same-day gains between 2...

Key packaging peers like PKG, BALL, SW, IP and AVY show same-day gains between 2.11% and 4.65%, while AMCR was up 1.11%, suggesting company-specific news overlaying a generally positive peer backdrop.

Historical Context

5 past events · Latest: Nov 18 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 18	Innovation initiative	Positive	+0.1%	Launch of Lift-Off Winter 2025/26 challenge for sustainable packaging start-ups.
Nov 05	Earnings results	Positive	+2.5%	Strong Q1 combined results, higher sales and EBITDA, guidance reaffirmed.
Oct 27	Sustainability report	Positive	+1.6%	FY25 sustainability report with emissions cuts and higher recyclable packaging.
Oct 22	Earnings scheduling	Neutral	+1.1%	Announcement of timetable and access details for Q1 2026 results call.
Oct 09	Management change	Positive	-1.9%	Appointment of new CFO with strong background and guidance reaffirmation.

Pattern Detected

Recent news has generally been positive and followed by modest gains, with one divergence on a CFO transition announcement.

Recent Company History

This announcement follows several constructive updates for Amcor. In October–November 2025, the company highlighted sustainability progress, announced a CFO appointment while reaffirming fiscal 2026 guidance, and delivered solid first-quarter results with stronger sales and earnings. An innovation-focused Lift-Off challenge was also launched. The newly detailed 1-for-5 reverse stock split formalizes a corporate action previously proposed in proxy materials, fitting into a period of active strategic and governance developments.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-07-15

The company has an effective S-3ASR shelf registration filed on 2025-07-15, expiring on 2028-07-15, with no recorded usage to date according to the provided context.

Market Pulse Summary

This announcement detailed the mechanics and timing of Amcor’s 1-for-5 reverse stock split, reducing...

Analysis

This announcement detailed the mechanics and timing of Amcor’s 1-for-5 reverse stock split, reducing outstanding ordinary shares from roughly 2.3 billion to about 461 million and increasing par value to $0.05. Second-quarter fiscal 2026 per-share metrics will be reported on a split-adjusted basis, aiding comparability. Investors may track how this structural change interacts with previously reaffirmed guidance and monitor any future use of the existing S-3ASR shelf registration.

Key Terms

reverse stock split, chess depositary interests, cusip, memorandum of association

4 terms

reverse stock split financial

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

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.

chess depositary interests financial

"Amcor's CHESS Depositary Interests ("CDIs") will also be consolidated"

CHESS depositary interests are tradable certificates used on the Australian settlement system that represent ownership of underlying foreign shares held by a custodian. They let investors buy and sell foreign-listed stocks on the local exchange as if they were domestic shares, simplifying trading, dividend collection and record-keeping, though they may involve custodian fees and can alter certain direct shareholder rights and tax treatments.

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.

memorandum of association regulatory

"file an amendment to its memorandum of association to effect the reverse"

A memorandum of association is a foundational legal document that creates a company and sets out its basic identity and powers — such as its name, purpose, share structure and the extent of owners’ liability. For investors it matters because it defines who can own what, what the company is allowed to do, and the limits on shareholder rights and protections; think of it as the company’s birth certificate and rulebook that affects ownership, risk and governance.

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

View original content:https://www.prnewswire.com/news-releases/amcor-announces-effective-date-for-reverse-stock-split-302638742.html

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.