Jun 10, 2011
261:1000
For every 1000 shares held, investors received 261. The price per share adjusted from $270000.00 to $1034482.76.
The split itself did not change the total investment value.
Shinsegae Co., Ltd (KRX:004170) operates in the Department stores industry.
Shinsegae Co., Ltd company overviewShinsegae Co., Ltd's most recent stock split was on June 10, 2011. It was a 261-for-1000 reverse split, so shareholders received 261 shares for every 1000 they held.
Shinsegae Co., Ltd (KRX:004170) has split its stock 5 times: a 45-for-43 split on March 14, 1995, a 23-for-20 split on April 20, 1995, a 21-for-20 split on January 2, 2001, a 2-for-1 split on February 1, 2011, and a 261-for-1000 reverse split on June 10, 2011.
Shinsegae Co., Ltd has split its stock 5 times. This history records 5 splits between March 14, 1995 and June 10, 2011.
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 Shinsegae Co., Ltd's 261-for-1000 reverse split on June 10, 2011, every 1000 shares became 261 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Shinsegae Co., Ltd has not announced a new split in our records. Its most recent split was on June 10, 2011, 15 years ago. Companies announce splits in advance, and any new KRX:004170 split will appear on this page.
Already premium?