Dec 26, 2003
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $635.00 to $12700.00.
The split itself did not change the total investment value.
SeAH Besteel Holdings Corporation (KRX:001430) operates in the Steel industry.
SeAH Besteel Holdings Corporation company overviewSeAH Besteel Holdings Corporation's most recent stock split was on December 26, 2003. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
SeAH Besteel Holdings Corporation (KRX:001430) has split its stock 6 times: a 51-for-50 split on January 4, 1993, a 51-for-50 split on January 3, 1994, a 109-for-100 split on January 3, 1995, a 1-for-20 reverse split on April 8, 1999, a 1-for-20 reverse split on December 9, 2003, and a 1-for-20 reverse split on December 26, 2003.
SeAH Besteel Holdings Corporation has split its stock 6 times. This history records 6 splits between January 4, 1993 and December 26, 2003.
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 SeAH Besteel Holdings Corporation's 1-for-20 reverse split on December 26, 2003, every 20 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.
SeAH Besteel Holdings Corporation has not announced a new split in our records. Its most recent split was on December 26, 2003, 22 years ago. Companies announce splits in advance, and any new KRX:001430 split will appear on this page.
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