Apr 20, 2009
22:25
For every 25 shares held, investors received 22. The price per share adjusted from $34000.00 to $38636.36.
The split itself did not change the total investment value.
LG Chem Ltd. (KRX:051915) operates in the Chemicals: specialty industry.
LG Chem Ltd. company overviewLG Chem Ltd.'s most recent stock split was on April 20, 2009. It was a 22-for-25 reverse split, so shareholders received 22 shares for every 25 they held.
LG Chem Ltd. has split its stock once. This history records one reverse split, on April 20, 2009.
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 LG Chem Ltd.'s 22-for-25 reverse split on April 20, 2009, every 25 shares became 22 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
LG Chem Ltd. has not announced a new split in our records. Its most recent split was on April 20, 2009, 17 years ago. Companies announce splits in advance, and any new KRX:051915 split will appear on this page.
Already premium?