Apr 30, 2013
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $1975.00 to $5925.00.
The split itself did not change the total investment value.
Woongjin Co., Ltd. (KRX:016880) operates in the Internet software/Services industry.
Woongjin Co., Ltd. company overviewWoongjin Co., Ltd.'s most recent stock split was on April 30, 2013. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Woongjin Co., Ltd. (KRX:016880) has split its stock 4 times: a 103-for-100 split on January 3, 1997, a 103-for-100 split on January 4, 1999, a 10-for-1 split on November 29, 1999, and a 1-for-3 reverse split on April 30, 2013.
Woongjin Co., Ltd. has split its stock 4 times. This history records 4 splits between January 3, 1997 and April 30, 2013.
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 Woongjin Co., Ltd.'s 1-for-3 reverse split on April 30, 2013, every 3 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.
Woongjin Co., Ltd. has not announced a new split in our records. Its most recent split was on April 30, 2013, 13 years ago. Companies announce splits in advance, and any new KRX:016880 split will appear on this page.
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