May 15, 2007
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $2480.00 to $7440.00.
The split itself did not change the total investment value.
Chobi Co., Ltd. (KRX:001550) operates in the Chemicals: agricultural industry.
Chobi Co., Ltd. company overviewChobi Co., Ltd.'s most recent stock split was on May 15, 2007. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Chobi Co., Ltd. (KRX:001550) has split its stock 6 times: a 21-for-20 split on June 29, 1992, a 21-for-20 split on June 29, 1993, a 35-for-32 split on October 3, 1997, a 103-for-100 split on January 2, 2001, a 297-for-257 split on April 28, 2004, and a 1-for-3 reverse split on May 15, 2007.
Chobi Co., Ltd. has split its stock 6 times. This history records 6 splits between June 29, 1992 and May 15, 2007.
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 Chobi Co., Ltd.'s 1-for-3 reverse split on May 15, 2007, every 3 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.
Chobi Co., Ltd. has not announced a new split in our records. Its most recent split was on May 15, 2007, 19 years ago. Companies announce splits in advance, and any new KRX:001550 split will appear on this page.
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