[Asia Economy Reporter Park So-yeon] SK Chemicals is showing strong performance following the decision of a free stock dividend.
As of 9:30 AM on the 8th, SK Chemicals Preferred Shares are trading on the KOSPI market at 174,000 KRW, up 21,500 KRW (14.1%) from the previous day.
At the same time, SK Chemicals common shares are trading at 306,500 KRW, up 15,000 KRW (5.15%) from the previous day.
After the market closed the previous day, SK Chemicals announced that it will proceed with a 50% free stock dividend, allocating 0.5 new shares per 1 common and preferred share.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
