Feb 05, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $4330.00 to $21650.00.
The split itself did not change the total investment value.
Namkwang Engineering & Construction Co., Ltd. (KRX:001260) operates in the Engineering & construction industry.
Namkwang Engineering & Construction Co., Ltd. company overviewNamkwang Engineering & Construction Co., Ltd.'s most recent stock split was on February 5, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Namkwang Engineering & Construction Co., Ltd. (KRX:001260) has split its stock 10 times: a 5-for-38 reverse split on May 13, 1999, a 1-for-3 reverse split on May 6, 2004, a 587-for-544 split on April 15, 2005, a 653-for-648 split on November 9, 2005, a 722-for-679 split on October 31, 2007, a 359-for-331 split on May 12, 2009, a 1-for-10 reverse split on March 16, 2012, a 1-for-40 reverse split on February 15, 2013, a 1-for-8 reverse split on April 20, 2015, and a 1-for-5 reverse split on February 5, 2016.
Namkwang Engineering & Construction Co., Ltd. has split its stock 10 times. This history records 10 splits between May 13, 1999 and February 5, 2016.
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 Namkwang Engineering & Construction Co., Ltd.'s 1-for-5 reverse split on February 5, 2016, every 5 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Namkwang Engineering & Construction Co., Ltd. has not announced a new split in our records. Its most recent split was on February 5, 2016, 10 years ago. Companies announce splits in advance, and any new KRX:001260 split will appear on this page.
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