Industrial Bank Of Korea
Latest Stock Split
Oct 26, 1998
5:19
For every 19 shares held, investors received 5.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Oct 26, 1998Before—Split ratio5:19After—Reverse
About Industrial Bank Of Korea stock splits
Industrial Bank Of Korea (KRX:024110) operates in the Regional banks industry.
Industrial Bank Of Korea company overviewWhen did Industrial Bank Of Korea stock split?
Industrial Bank Of Korea's most recent stock split was on October 26, 1998. It was a 5-for-19 reverse split, so shareholders received 5 shares for every 19 they held.
How many times has Industrial Bank Of Korea stock split?
Industrial Bank Of Korea has split its stock once. This history records one reverse split, on October 26, 1998.
What is a reverse stock split?
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 Industrial Bank Of Korea's 5-for-19 reverse split on October 26, 1998, every 19 shares became 5 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Industrial Bank Of Korea split its stock again?
Industrial Bank Of Korea has not announced a new split in our records. Its most recent split was on October 26, 1998, 27 years ago. Companies announce splits in advance, and any new KRX:024110 split will appear on this page.