Sep 16, 2013
161:200
For every 200 shares held, investors received 161. The price per share adjusted from $12100.00 to $15031.06.
The split itself did not change the total investment value.
Korean Air Lines Co., Ltd. (KRX:003495) operates in the Airlines industry.
Korean Air Lines Co., Ltd. company overviewKorean Air Lines Co., Ltd.'s most recent stock split was on September 16, 2013. It was a 161-for-200 reverse split, so shareholders received 161 shares for every 200 they held.
Korean Air Lines Co., Ltd. (KRX:003495) has split its stock 6 times: a 103-for-100 split on January 4, 1993, a 103-for-100 split on January 3, 1995, a 5-for-4 split on April 9, 1998, a 21-for-20 split on January 4, 2000, a 101-for-100 split on December 27, 2006, and a 161-for-200 reverse split on September 16, 2013.
Korean Air Lines Co., Ltd. has split its stock 6 times. This history records 6 splits between January 4, 1993 and September 16, 2013.
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 Korean Air Lines Co., Ltd.'s 161-for-200 reverse split on September 16, 2013, every 200 shares became 161 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Korean Air Lines Co., Ltd. has not announced a new split in our records. Its most recent split was on September 16, 2013, 13 years ago. Companies announce splits in advance, and any new KRX:003495 split will appear on this page.
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