Nov 04, 2016
7:9
For every 9 shares held, investors received 7. The price per share adjusted from $10500.00 to $13500.00.
The split itself did not change the total investment value.
Dongbu Corporation (KRX:005960) operates in the Engineering & construction industry.
Dongbu Corporation company overviewDongbu Corporation's most recent stock split was on November 4, 2016. It was a 7-for-9 reverse split, so shareholders received 7 shares for every 9 they held.
Dongbu Corporation (KRX:005960) has split its stock 3 times: a 103-for-100 split on January 3, 1996, a 1-for-10 reverse split on September 4, 2015, and a 7-for-9 reverse split on November 4, 2016.
Dongbu Corporation has split its stock 3 times. This history records 3 splits between January 3, 1996 and November 4, 2016.
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 Dongbu Corporation's 7-for-9 reverse split on November 4, 2016, every 9 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Dongbu Corporation has not announced a new split in our records. Its most recent split was on November 4, 2016, 9 years ago. Companies announce splits in advance, and any new KRX:005960 split will appear on this page.
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