Last year's change in Par Value of companies decreased by 11.4% on-year
작년 상장사 액면 변경 39개사…11.4% 감소
The number of local firms that changed the face value, or par value, of their stock decreased by 11-point-4 percent on-year in 2018 -- which could be a sign they're not urgently looking for new investors.
There were 44 companies that changed their face value in 2017, but last year, that number was down to 39.
Among them: tech giant Samsung Electronics, which lowered its face value from around 5 U.S. dollars to 10 cents.
The Korea Securities Depository announced, among this group, that 30 companies opted for a stock split to increase liquidity in stock transactions... and attract more investors, while nine increased their face value mainly to boost their corporate image.
The number of local firms that changed the face value, or par value, of their stock decreased by 11-point-4 percent on-year in 2018 -- which could be a sign they're not urgently looking for new investors.
There were 44 companies that changed their face value in 2017, but last year, that number was down to 39.
Among them: tech giant Samsung Electronics, which lowered its face value from around 5 U.S. dollars to 10 cents.
The Korea Securities Depository announced, among this group, that 30 companies opted for a stock split to increase liquidity in stock transactions... and attract more investors, while nine increased their face value mainly to boost their corporate image.