Aug 23, 2010
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $130.00 to $2600.00.
The split itself did not change the total investment value.
Woowon Development Co., Ltd (KRX:046940) operates in the Information technology services industry.
Woowon Development Co., Ltd company overviewWoowon Development Co., Ltd's most recent stock split was on August 23, 2010. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Woowon Development Co., Ltd (KRX:046940) has split its stock 3 times: a 981-for-880 split on April 13, 2006, a 351-for-266 split on December 17, 2007, and a 1-for-20 reverse split on August 23, 2010.
Woowon Development Co., Ltd has split its stock 3 times. This history records 3 splits between April 13, 2006 and August 23, 2010.
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 Woowon Development Co., Ltd's 1-for-20 reverse split on August 23, 2010, every 20 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.
Woowon Development Co., Ltd has not announced a new split in our records. Its most recent split was on August 23, 2010, 16 years ago. Companies announce splits in advance, and any new KRX:046940 split will appear on this page.
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