Alteogen Decides on a 0.2 Share Per 1 Share Stock Dividend

[Asia Economy Reporter Myunghwan Lee] Alteogen announced on the 11th that it has decided to issue a bonus share allotment of 0.2 shares per common and preferred share.

The record date for the new shares is October 26, and the scheduled listing date for the new shares is November 14. The new shares to be issued due to the bonus share allotment decision include 8,584,935 common shares and 149,475 preferred shares.

Following the bonus share allotment decision, the Korea Exchange KOSDAQ Market Division suspended trading of Alteogen's stock for 30 minutes from 9:12 a.m. on the same day.