Dec 05, 2006
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $1370.00 to $6850.00.
The split itself did not change the total investment value.
Hancom Inc. (KRX:030520) operates in the Packaged software industry.
Hancom Inc. company overviewHancom Inc.'s most recent stock split was on December 5, 2006. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Hancom Inc. (KRX:030520) has split its stock 4 times: a 10-for-1 split on August 23, 1999, a 1-for-10 reverse split on November 18, 2004, a 10-for-1 split on December 23, 2005, and a 1-for-5 reverse split on December 5, 2006.
Hancom Inc. has split its stock 4 times. This history records 4 splits between August 23, 1999 and December 5, 2006.
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 Hancom Inc.'s 1-for-5 reverse split on December 5, 2006, 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.
Hancom Inc. has not announced a new split in our records. Its most recent split was on December 5, 2006, 19 years ago. Companies announce splits in advance, and any new KRX:030520 split will appear on this page.
Already premium?