[Special Stock] Korea Petroleum Hits Upper Limit for Two Consecutive Days... Breaks 52-Week High
[Asia Economy Reporter Ji Yeon-jin] Korea Petroleum rose to the price limit for the second consecutive day on the 26th, setting a new 52-week high.
On that day, Korea Petroleum was traded at 195,500 won, up 29.90% (45,000 won) from the previous day at around 9:07 a.m. The previous day, it closed at 150,500 won, up 29.74%.
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Earlier, Korea Petroleum Industry announced on the 25th that it had decided on a stock dividend of one share per one common share. It also announced that it had decided to split the par value stock of 5,000 won into 500 won, which is about one-tenth, to increase the number of circulating shares.
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