Dec 07, 2007
24:25
For every 25 shares held, investors received 24. The price per share adjusted from $26000.00 to $27083.33.
The split itself did not change the total investment value.
Daewoo Engineering & Construction Co., Ltd (KRX:047040) operates in the Homebuilding industry.
Daewoo Engineering & Construction Co., Ltd company overviewDaewoo Engineering & Construction Co., Ltd's most recent stock split was on December 7, 2007. It was a 24-for-25 reverse split, so shareholders received 24 shares for every 25 they held.
Daewoo Engineering & Construction Co., Ltd has split its stock once. This history records one reverse split, on December 7, 2007.
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 Daewoo Engineering & Construction Co., Ltd's 24-for-25 reverse split on December 7, 2007, every 25 shares became 24 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Daewoo Engineering & Construction Co., Ltd has not announced a new split in our records. Its most recent split was on December 7, 2007, 18 years ago. Companies announce splits in advance, and any new KRX:047040 split will appear on this page.
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