Nov 14, 2012
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $620.00 to $3100.00.
The split itself did not change the total investment value.
Seojin Automotive Co., Ltd (KRX:122690) operates in the Miscellaneous industry.
Seojin Automotive Co., Ltd company overviewSeojin Automotive Co., Ltd's most recent stock split was on November 14, 2012. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Seojin Automotive Co., Ltd (KRX:122690) has split its stock 2 times: a 2582-for-499 split on July 18, 2012 and a 1-for-5 reverse split on November 14, 2012.
Seojin Automotive Co., Ltd has split its stock 2 times. This history records 2 splits between July 18, 2012 and November 14, 2012.
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 Seojin Automotive Co., Ltd's 1-for-5 reverse split on November 14, 2012, 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.
Seojin Automotive Co., Ltd has not announced a new split in our records. Its most recent split was on November 14, 2012, 13 years ago. Companies announce splits in advance, and any new KRX:122690 split will appear on this page.
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