[Featured Stock] '300% Free Stock Dividend Decision'... Humasis Shares Surge 20%
Humasis' stock price is showing a sharp rise of nearly 20%. This is attributed to the recent announcement of a stock dividend.
As of 9:13 AM on the 13th, Humasis is trading at 20,750 won, up 19.73% from the previous close.
Earlier, on the 10th, Humasis announced a 300% stock dividend to enhance shareholder value. Three new shares will be allocated for every one existing common share. Accordingly, the number of newly issued shares will be 95,464,674.
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The record date for the new shares is set for the 27th of this month, and the new shares are scheduled to be listed on the 14th of next month.
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