Jul 27, 2015
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $3000.00 to $3750.00.
The split itself did not change the total investment value.
Pan Ocean Co., Ltd. (KRX:028670) operates in the Marine shipping industry.
Pan Ocean Co., Ltd. company overviewPan Ocean Co., Ltd.'s most recent stock split was on July 27, 2015. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
Pan Ocean Co., Ltd. (KRX:028670) has split its stock 4 times: a 1-for-10 reverse split on December 4, 2008, a 1-for-10 reverse split on December 12, 2008, a 1-for-10 reverse split on January 24, 2014, and a 4-for-5 reverse split on July 27, 2015.
Pan Ocean Co., Ltd. has split its stock 4 times. This history records 4 reverse splits between December 4, 2008 and July 27, 2015.
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 Pan Ocean Co., Ltd.'s 4-for-5 reverse split on July 27, 2015, every 5 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Pan Ocean Co., Ltd. has not announced a new split in our records. Its most recent split was on July 27, 2015, 11 years ago. Companies announce splits in advance, and any new KRX:028670 split will appear on this page.
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