Jun 26, 2007
3:4
For every 4 shares held, investors received 3. The price per share adjusted from $6090.00 to $8120.00.
The split itself did not change the total investment value.
Daelim Trading Co., Ltd (KRX:006570) operates in the Home furnishings industry.
Daelim Trading Co., Ltd company overviewDaelim Trading Co., Ltd's most recent stock split was on June 26, 2007. It was a 3-for-4 reverse split, so shareholders received 3 shares for every 4 they held.
Daelim Trading Co., Ltd (KRX:006570) has split its stock 4 times: a 18-for-17 split on January 3, 1994, a 5-for-1 split on May 27, 2002, a 763-for-705 split on October 13, 2005, and a 3-for-4 reverse split on June 26, 2007.
Daelim Trading Co., Ltd has split its stock 4 times. This history records 4 splits between January 3, 1994 and June 26, 2007.
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 Daelim Trading Co., Ltd's 3-for-4 reverse split on June 26, 2007, every 4 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Daelim Trading Co., Ltd has not announced a new split in our records. Its most recent split was on June 26, 2007, 19 years ago. Companies announce splits in advance, and any new KRX:006570 split will appear on this page.
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