Other Stories

Kakao plans 5:1 stock split to make shares more accessible to more investors Updated: 2021-02-26 13:46:15 KST

South Korean tech giant Kakao has announced plant to split its stock five-for-one.
The price is currently around 430 U.S. dollars a share, so at that level, the price would come down to about 85 dollars.
The company said it wants the split to make its shares accessible to more investors.
The decision will be put to a shareholders' vote next month.
If approved, the split will happen in mid-April.
So far this year, Kakao's stock is up around 21 percent, and from a year ago it's up more than 150 percent.
KOGL : Korea Open Government License
본 저작물 중 본문에 해당하는 뉴스 스크립트(텍스트)는 공공누리 제1유형-출처표시 조건에 따라 이용할 수 있습니다.
weather