Jul 18, 2003
647:852
For every 852 shares held, investors received 647. The price per share adjusted from $119000.00 to $156704.79.
The split itself did not change the total investment value.
Nongshim Co., Ltd. (KRX:004370) operates in the Food: specialty/candy industry.
Nongshim Co., Ltd. company overviewNongshim Co., Ltd.'s most recent stock split was on July 18, 2003. It was a 647-for-852 reverse split, so shareholders received 647 shares for every 852 they held.
Nongshim Co., Ltd. (KRX:004370) has split its stock 5 times: a 56-for-45 split on April 19, 1997, a 56-for-45 split on May 17, 1997, a 23-for-20 split on June 28, 1997, a 75-for-61 split on June 29, 2000, and a 647-for-852 reverse split on July 18, 2003.
Nongshim Co., Ltd. has split its stock 5 times. This history records 5 splits between April 19, 1997 and July 18, 2003.
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 Nongshim Co., Ltd.'s 647-for-852 reverse split on July 18, 2003, every 852 shares became 647 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Nongshim Co., Ltd. has not announced a new split in our records. Its most recent split was on July 18, 2003, 23 years ago. Companies announce splits in advance, and any new KRX:004370 split will appear on this page.
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