Jan 08, 2015
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $2375.00 to $16625.00.
The split itself did not change the total investment value.
Daesung Industrial Co., Ltd (KRX:128820) operates in the Gas distributors industry.
Daesung Industrial Co., Ltd company overviewDaesung Industrial Co., Ltd's most recent stock split was on January 8, 2015. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Daesung Industrial Co., Ltd (KRX:128820) has split its stock 4 times: a 707-for-639 split on March 18, 2011, a 1377-for-1000 split on May 14, 2013, a 3-for-2 split on July 9, 2013, and a 1-for-7 reverse split on January 8, 2015.
Daesung Industrial Co., Ltd has split its stock 4 times. This history records 4 splits between March 18, 2011 and January 8, 2015.
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 Daesung Industrial Co., Ltd's 1-for-7 reverse split on January 8, 2015, every 7 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.
Daesung Industrial Co., Ltd has not announced a new split in our records. Its most recent split was on January 8, 2015, 11 years ago. Companies announce splits in advance, and any new KRX:128820 split will appear on this page.
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