[Edaily Reporter Shin Ha-yeon] #Deokshin PC announced on the 15th that it has decided to conduct a stock consolidation, combining five common shares into one.
As a result of this consolidation, the par value per share will change from 100 won to 500 won. The total number of issued shares will decrease from 46,084,095 shares before the consolidation to 9,216,819 shares after the consolidation.
The effective date for the new shares is July 31. Trading is scheduled to be suspended from July 29 to August 28, and the new shares are scheduled to be listed on August 31.
The company stated that the purpose of the stock consolidation is “to stabilize the stock price and enhance shareholder value.”
As a result of this consolidation, the par value per share will change from 100 won to 500 won. The total number of issued shares will decrease from 46,084,095 shares before the consolidation to 9,216,819 shares after the consolidation.
The effective date for the new shares is July 31. Trading is scheduled to be suspended from July 29 to August 28, and the new shares are scheduled to be listed on August 31.
The company stated that the purpose of the stock consolidation is “to stabilize the stock price and enhance shareholder value.”
