Jan 06, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $585.00 to $2925.00.
The split itself did not change the total investment value.
Daiyang Metal Co., Ltd. (KRX:009190) operates in the Steel industry.
Daiyang Metal Co., Ltd. company overviewDaiyang Metal Co., Ltd.'s most recent stock split was on January 6, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Daiyang Metal Co., Ltd. (KRX:009190) has split its stock 5 times: a 21-for-20 split on March 30, 1998, a 10-for-1 split on July 26, 1999, a 162-for-137 split on April 15, 2010, a 1-for-10 reverse split on January 7, 2013, and a 1-for-5 reverse split on January 6, 2016.
Daiyang Metal Co., Ltd. has split its stock 5 times. This history records 5 splits between March 30, 1998 and January 6, 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 Daiyang Metal Co., Ltd.'s 1-for-5 reverse split on January 6, 2016, 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.
Daiyang Metal Co., Ltd. has not announced a new split in our records. Its most recent split was on January 6, 2016, 10 years ago. Companies announce splits in advance, and any new KRX:009190 split will appear on this page.
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