Jan 11, 2017
13:63
For every 63 shares held, investors received 13. The price per share adjusted from $730.00 to $3537.69.
The split itself did not change the total investment value.
KBI METAL Co., Ltd. (KRX:024840) operates in the Electrical products industry.
KBI METAL Co., Ltd. company overviewKBI METAL Co., Ltd.'s most recent stock split was on January 11, 2017. It was a 13-for-63 reverse split, so shareholders received 13 shares for every 63 they held.
KBI METAL Co., Ltd. (KRX:024840) has split its stock 6 times: a 10-for-1 split on April 3, 2000, a 1-for-5 reverse split on September 25, 2009, a 1813-for-963 split on October 13, 2009, a 1-for-2 reverse split on November 5, 2010, a 1017-for-890 split on May 26, 2011, and a 13-for-63 reverse split on January 11, 2017.
KBI METAL Co., Ltd. has split its stock 6 times. This history records 6 splits between April 3, 2000 and January 11, 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 KBI METAL Co., Ltd.'s 13-for-63 reverse split on January 11, 2017, every 63 shares became 13 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
KBI METAL Co., Ltd. has not announced a new split in our records. Its most recent split was on January 11, 2017, 9 years ago. Companies announce splits in advance, and any new KRX:024840 split will appear on this page.
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