Jan 03, 1996
51:50
For every 50 shares held, investors received 51.
The split itself did not change the total investment value.
Michang Oil Industry Co., Ltd. (KRX:003650) operates in the Oil refining/Marketing industry.
Michang Oil Industry Co., Ltd. company overviewMichang Oil Industry Co., Ltd.'s most recent stock split was on January 3, 1996. It was a 51-for-50 forward split, so shareholders received 51 shares for every 50 they held.
Michang Oil Industry Co., Ltd. (KRX:003650) has split its stock 3 times: a 26-for-25 split on January 4, 1993, a 53-for-50 split on January 3, 1995, and a 51-for-50 split on January 3, 1996.
Michang Oil Industry Co., Ltd. has split its stock 3 times. This history records 3 forward splits between January 4, 1993 and January 3, 1996.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Michang Oil Industry Co., Ltd.'s 51-for-50 split on January 3, 1996, every 50 shares became 51 shares.
Michang Oil Industry Co., Ltd. has not announced a new split in our records. Its most recent split was on January 3, 1996, 30 years ago. Companies announce splits in advance, and any new KRX:003650 split will appear on this page.
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