[Edaily Reporter Lee Hye-ra] #Kukyoung G&M announced on the 12th that it has decided to conduct a stock consolidation, merging 10 common shares into 1 share. Accordingly, the par value will change from 500 won to 5,000 won, and the total number of issued shares will decrease from 34,895,243 to 3,489,524. Trading is scheduled to be suspended from August 7 to August 26, and the new shares are scheduled to be listed on August 27. The company stated that this is a simple stock consolidation, not a capital reduction involving a decrease in capital, and that corporate value will be maintained.
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State-Owned G&M Decides on 10-for-1 Stock Consolidation
Hyera Lee
2026-06-12 16:04:26
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