37 Listed Companies with Stock Par Value Changes Last Year... 27.6% Increase Compared to Previous Year

[Asia Economy Reporter Lee Seon-ae] Last year, a total of 37 listed companies changed their par value, marking a 27.6% increase compared to the previous year (29 companies).

According to the Korea Securities Depository on the 11th, among the markets, 14 companies listed on the KOSPI market and 23 companies listed on the KOSDAQ market changed their par value.

By type, 22 companies conducted a stock split to enhance the liquidity of stock trading, while 15 companies performed a reverse stock split to improve corporate image.

A stock split refers to dividing the par value of a stock by a certain ratio to increase the number of shares, whereas a reverse stock split is the opposite concept, combining shares with a lower par value to increase the par value.

Among the companies that performed a stock split, the most common was splitting the par value per share from 500 won to 100 won, with 9 companies (40.9%).

Among the companies that performed a reverse stock split, 2 companies merged from 500 won to 5,000 won, and there were also companies that merged from 500 won to 1,000 won, from 200 won to 1,000 won, and from 200 won to 500 won.

As of the end of December last year, six types of par values?100 won, 200 won, 500 won, 1,000 won, 2,500 won, 5,000 won?and no-par value stocks are circulating in the securities market.

The Korea Securities Depository stated, "With various par values of stocks circulating in the market, simple price comparisons are difficult," and added, "Investors need to exercise careful attention when investing."

This content was produced with the assistance of AI translation services.