Amcor Completes 1-for-5 Reverse Stock Split, Trades Under New CUSIP

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On January 15, 2026, Amcor completed its shareholder-approved 1-for-5 reverse stock split following approval at the November 6 AGM and filing on January 14. Ordinary shares now trade on a split-adjusted basis on the NYSE under new CUSIP G0250X149.

1. Reverse Stock Split Completion and Approval

On January 15, 2026, Amcor plc completed its previously announced one-for-five reverse stock split after receiving shareholder approval at the annual general meeting held on November 6, 2025. The company filed an amendment to its memorandum of association on January 14, 2026 to effect the change, reducing every five existing ordinary shares into one post-split share. This strategic move was designed to streamline the capital structure and support future growth initiatives.

2. Trading Adjustments and Transfer Agent Coordination

Amcor’s ordinary shares began trading on a split-adjusted basis on the New York Stock Exchange under the existing symbol, accompanied by a new CUSIP number G0250X 149. CHESS Depositary Interests continued to trade on the Australian Securities Exchange under the symbol AMC, also on a split-adjusted basis. Computershare is serving as exchange agent for both U.S. and CDI holders, with dedicated toll-free lines in the U.S. and Australia to facilitate share exchanges and answer investor queries.

3. Financial Performance and Market Position

Amcor has demonstrated sustained top-line growth, with global annualized sales reaching $23 billion in fiscal 2025, up from $4 billion in fiscal 2017, reflecting a compound annual growth rate of 15.8%. Supported by more than 75,000 employees across over 400 manufacturing and distribution sites in 40 countries, the company maintains leadership in flexible packaging, rigid containers, cartons and closures. Its market capitalization stands at approximately $20.4 billion, underscoring strong investor confidence in its global footprint and R&D-driven product innovation.

4. Dividend Track Record and Investor Implications

The company has increased its dividend for seven consecutive years, reinforcing its commitment to returning capital to shareholders. Consistent dividend growth, coupled with the reverse split, enhances Amcor’s appeal to income-oriented investors by potentially improving per-share metrics such as payout ratio and yield. The streamlined share count may also improve liquidity profiles over time, setting the stage for continued dividend discipline and potential future share repurchase initiatives.

Sources

PF