ACB Stock Split in 2023 [What You Should Know]

Aurora Cannabis (ACB), one of the most noteworthy players in the cannabis industry, has had a unique journey with its stock splits. This blog post delves into the history of ACB’s stock splits, recent developments, and the future of the company’s investors.

A Look at the History: ACB’s Past Stock Split

As of my knowledge cutoff in September 2021, Aurora Cannabis carried out one stock split on May 11, 2020. This was a reverse stock split, wherein every 12 shares of ACB owned pre-split were consolidated into a single share. This move dramatically adjusted the number of shareholder-owned shares; a 1000 share position pre-split became an 83.3333 share position post-split.

Here’s a brief table detailing the historical stock split:

05/11/20201 for 12

Current State of Affairs: ACB Stock in 2023

Fast forward to 2023, the financial landscape surrounding ACB’s stock has shifted significantly, sparking discussions about another potential reverse stock split. Despite the company’s strategic shift from aggressive growth to cutting costs and improving the bottom line, ACB’s share price has yet to recover. The stock has been hovering around the $1 mark, a worrying trend for the company and its shareholders.

Speculations and Expectations: Is Another Reverse Stock Split on the Horizon?

ACB Stock Split

In light of current affairs, investors are bracing for a potential reverse split. Although Aurora Cannabis managed to stay above the $1 mark at the end of the previous week, the ongoing struggles of the cannabis industry and the company’s recent poor results suggest a reverse split might be more of a question of ‘when’ rather than ‘if.’

What Investors Should Keep in Mind

In conclusion, although ACB’s stock split history is relatively brief, the company’s current financial situation suggests another reverse split could be on the horizon. This potential move is a critical consideration for existing investors and those considering an investment in ACB. As always, investors are encouraged to closely monitor market trends and company announcements to stay informed and make strategic decisions.


What is a stock split?

A stock split is a strategic corporate maneuver that involves augmenting the quantity of a company’s outstanding shares by issuing additional shares to its existing shareholders.

What is a reverse stock split?

A reverse stock split is a strategic maneuver employed by corporations to reduce the number of their outstanding shares. This is achieved by consolidating the existing shares into a smaller number of more valuable shares, thereby increasing their proportional value.

How many times has Aurora Cannabis (ACB) split its stock?

As of my knowledge cutoff in September 2021, Aurora Cannabis has undergone one reverse stock split, which took place on May 11, 2020.

What was the ratio for ACB’s previous stock split?

ACB’s previous stock split was a reverse split with a 1 for 12 ratio, meaning every 12 shares were consolidated into one share.

Is another reverse stock split expected for ACB?

As of 2023, speculation suggests another reverse stock split may be on the horizon for ACB, given the company’s poor results and the stock price hovering around the $1 mark​2.​