15 Listed Companies Changed Par Value in First Half... Split↓ · Consolidation↑

9 Companies with Stock Splits, 6 Companies with Stock Consolidations

[Asia Economy Reporter Oh Ju-yeon] The Korea Securities Depository announced on the 16th that a total of 15 listed companies changed their par value in the KOSPI and KOSDAQ markets in the first half of this year.

By market, 5 companies changed their par value in the KOSPI market, and 10 companies did so in the KOSDAQ market. By type, 9 companies conducted stock splits, and 6 companies conducted reverse stock splits.

Compared to 22 companies that conducted stock splits in the first half of last year, the number of stock splits decreased by 11, but reverse stock splits increased by 2 from 4 companies in the first half of last year.

In the case of stock splits (9 companies), three KOSPI-listed companies, Yuhan Yanghang, Yuhwa Securities, and Hansol Holdings, split their par value from 5,000 KRW to 1,000 KRW. KOSDAQ-listed Aroot split from 1,000 KRW to 500 KRW, and KOSPI-listed Namyoung Vivian split from 1,000 KRW to 100 KRW. Additionally, four KOSDAQ-listed companies, K-MAC, Jaan, WI, and IA Networks, split their par value from 500 KRW to 100 KRW.

For reverse stock splits (6 companies), KOSPI-listed Jooyeon Tech increased the par value per share from 100 KRW to 200 KRW, and five KOSDAQ-listed companies?Semicon Light, SM Materials, KeyEast, NCITRON, and Daelim Paper?merged their par value from 100 KRW to 500 KRW.

Meanwhile, a stock split refers to dividing the par value of a stock by a certain ratio to increase the number of shares, usually conducted to improve the liquidity of stock trading. A reverse stock split is the opposite concept, combining shares with a low par value to increase the par value. Most companies conduct this to enhance their corporate image.