"36 Listed Companies Conducted Par Value Changes Last Year... 1 Less Than Previous Year"

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 10th that the total number of listed companies that conducted par value changes last year was 36, one less than the previous year.

By market, the KOSPI market had 13 companies, one less than the previous year, while the KOSDAQ market remained the same with 23 companies.

Regarding the types of par value changes, 20 companies conducted stock splits to enhance stock trading liquidity. A stock split refers to dividing the par value of a stock by a certain ratio to increase the number of shares. Sixteen companies conducted reverse stock splits. A reverse stock split means combining stocks with low par values to increase the par value, often to improve corporate image.

In the KOSPI market, four listed companies conducted stock splits from 5,000 won to 1,000 won and from 5,000 won to 500 won. In the KOSDAQ market, nine companies conducted reverse stock splits from 100 won to 500 won, and seven companies mainly conducted stock splits from 500 won to 100 won.

Meanwhile, as of the end of last year, six types of par values?100 won, 200 won, 500 won, 1,000 won, 2,500 won, and 5,000 won?as well as no-par value stocks are circulating in the securities market. The Depository stated, “From an investor’s perspective, the circulation of stocks with various par values in the market makes simple price comparisons difficult, so careful attention is required when investing.”

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