Oct 27, 2023
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $2000.00 to $10000.00.
The split itself did not change the total investment value.
Hanchang Corp. (KRX:005110) operates in the Wholesale distributors industry.
Hanchang Corp. company overviewHanchang Corp.'s most recent stock split was on October 27, 2023. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Hanchang Corp. (KRX:005110) has split its stock 7 times: a 51-for-50 split on January 3, 1996, a 51-for-50 split on January 3, 1997, a 1-for-11 reverse split on August 11, 2003, a 2-for-3 reverse split on May 24, 2004, a 316-for-293 split on December 16, 2005, a 1294-for-937 split on August 7, 2020, and a 1-for-5 reverse split on October 27, 2023.
Hanchang Corp. has split its stock 7 times. This history records 7 splits between January 3, 1996 and October 27, 2023.
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 Hanchang Corp.'s 1-for-5 reverse split on October 27, 2023, every 5 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.
Hanchang Corp. has not announced a new split in our records. Its most recent split was on October 27, 2023, 2 years ago. Companies announce splits in advance, and any new KRX:005110 split will appear on this page.
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