Nov 01, 2006
57:100
For every 100 shares held, investors received 57. The price per share adjusted from $21500.00 to $37719.30.
The split itself did not change the total investment value.
LX INTERNATIONAL CORP. (KRX:001120) operates in the Wholesale distributors industry.
LX INTERNATIONAL CORP. company overviewLX INTERNATIONAL CORP.'s most recent stock split was on November 1, 2006. It was a 57-for-100 reverse split, so shareholders received 57 shares for every 100 they held.
LX INTERNATIONAL CORP. (KRX:001120) has split its stock 4 times: a 16-for-15 split on January 29, 1993, a 51-for-50 split on January 3, 1995, a 11-for-10 split on January 3, 1997, and a 57-for-100 reverse split on November 1, 2006.
LX INTERNATIONAL CORP. has split its stock 4 times. This history records 4 splits between January 29, 1993 and November 1, 2006.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In LX INTERNATIONAL CORP.'s 57-for-100 reverse split on November 1, 2006, every 100 shares became 57 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
LX INTERNATIONAL CORP. has not announced a new split in our records. Its most recent split was on November 1, 2006, 19 years ago. Companies announce splits in advance, and any new KRX:001120 split will appear on this page.
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