Jan 04, 2005
4:7
For every 7 shares held, investors received 4. The price per share adjusted from $12900.00 to $22575.00.
The split itself did not change the total investment value.
SK Networks Co., Ltd. (KRX:001740) operates in the Wholesale distributors industry.
SK Networks Co., Ltd. company overviewSK Networks Co., Ltd.'s most recent stock split was on January 4, 2005. It was a 4-for-7 reverse split, so shareholders received 4 shares for every 7 they held.
SK Networks Co., Ltd. (KRX:001740) has split its stock 9 times: a 41-for-40 split on January 3, 1996, a 41-for-40 split on January 3, 1997, a 41-for-40 split on January 3, 1998, a 41-for-40 split on January 4, 1999, a 89-for-82 split on June 15, 1999, a 51-for-50 split on January 4, 2000, a 51-for-50 split on January 2, 2001, a 1-for-7 reverse split on October 23, 2003, and a 4-for-7 reverse split on January 4, 2005.
SK Networks Co., Ltd. has split its stock 9 times. This history records 9 splits between January 3, 1996 and January 4, 2005.
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 SK Networks Co., Ltd.'s 4-for-7 reverse split on January 4, 2005, every 7 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
SK Networks Co., Ltd. has not announced a new split in our records. Its most recent split was on January 4, 2005, 21 years ago. Companies announce splits in advance, and any new KRX:001740 split will appear on this page.
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