Oct 30, 2017
893:1000
For every 1000 shares held, investors received 893. The price per share adjusted from $246500.00 to $276035.83.
The split itself did not change the total investment value.
Lotte Shopping Co., Ltd (KRX:023530) operates in the Department stores industry.
Lotte Shopping Co., Ltd company overviewLotte Shopping Co., Ltd's most recent stock split was on October 30, 2017. It was a 893-for-1000 reverse split, so shareholders received 893 shares for every 1000 they held.
Lotte Shopping Co., Ltd has split its stock once. This history records one reverse split, on October 30, 2017.
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 Lotte Shopping Co., Ltd's 893-for-1000 reverse split on October 30, 2017, every 1000 shares became 893 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Lotte Shopping Co., Ltd has not announced a new split in our records. Its most recent split was on October 30, 2017, 8 years ago. Companies announce splits in advance, and any new KRX:023530 split will appear on this page.
Already premium?