Apr 29, 2022
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $921.00 to $4605.00.
The split itself did not change the total investment value.
Kwangmu Co.Ltd. (KRX:029480) operates in the Major telecommunications industry.
Kwangmu Co.Ltd. company overviewKwangmu Co.Ltd.'s most recent stock split was on April 29, 2022. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Kwangmu Co.Ltd. (KRX:029480) has split its stock 5 times: a 10-for-1 split on August 13, 1999, a 103-for-100 split on January 4, 2000, a 13-for-10 split on May 10, 2000, a 1-for-10 reverse split on January 11, 2013, and a 1-for-5 reverse split on April 29, 2022.
Kwangmu Co.Ltd. has split its stock 5 times. This history records 5 splits between August 13, 1999 and April 29, 2022.
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 Kwangmu Co.Ltd.'s 1-for-5 reverse split on April 29, 2022, every 5 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.
Kwangmu Co.Ltd. has not announced a new split in our records. Its most recent split was on April 29, 2022, 4 years ago. Companies announce splits in advance, and any new KRX:029480 split will appear on this page.
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