POSCO Steelion to Pursue Stock Split...Proposal to Be Voted at March Shareholders' Meeting
POSCO Steelion, a POSCO Group company specializing in surface-treated steel sheets, is moving forward with a stock split.
On February 2, POSCO Steelion announced that it plans to put the stock split proposal to a vote at its regular shareholders' meeting scheduled for March.
A stock split refers to reducing the par value of shares by a certain ratio, thereby increasing the number of shares in circulation accordingly.
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POSCO Steelion explained, "In line with the government's recent push to revitalize the capital market, we intend to include the stock split as an agenda item at the regular shareholders' meeting to enhance shareholder value."
This content was produced with the assistance of AI translation services.
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