Jun 30, 2005
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $3270.00 to $9810.00.
The split itself did not change the total investment value.
Sajodaerim Corporation (KRX:003960) operates in the Food: meat/fish/dairy industry.
Sajodaerim Corporation company overviewSajodaerim Corporation's most recent stock split was on June 30, 2005. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Sajodaerim Corporation (KRX:003960) has split its stock 6 times: a 26-for-25 split on March 30, 1993, a 103-for-100 split on March 30, 1995, a 103-for-100 split on March 30, 1996, a 21-for-20 split on March 28, 2002, a 2-for-3 reverse split on March 10, 2003, and a 1-for-3 reverse split on June 30, 2005.
Sajodaerim Corporation has split its stock 6 times. This history records 6 splits between March 30, 1993 and June 30, 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 Sajodaerim Corporation's 1-for-3 reverse split on June 30, 2005, 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.
Sajodaerim Corporation has not announced a new split in our records. Its most recent split was on June 30, 2005, 21 years ago. Companies announce splits in advance, and any new KRX:003960 split will appear on this page.
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