Global Rank
#23425
Country Rank
#981
Market Cap
120.5 M
Price
80.3
Change (%)
0.64%
Volume
523
Michang Oil Ind. (KRX-003650) Stock Split History
This company has undergone a total of two stock splits throughout its history. Two forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 01/03/1994 with a ratio of 1.068-for-1. If an investor had purchased one share prior to the first split on 01/04/1993, that single share would now have grown to 1.1107199 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Date | Split Ratio | Multiple | Cumulative multiple | Type |
---|---|---|---|---|
01/03/1994 | 1.068:1 | x1.068 | x1.11072 | Forward |
01/04/1993 | 1.04:1 | x1.04 | x1.04 | Forward |
Frequently Asked Questions
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How much would Michang Oil Ind. stock be worth if it never split?If Michang Oil Ind. (stock symbol: KRX-003650) had never undergone any stock splits, its price per share today would be approximately 89.19 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1.068-for-1) that occurred on 01/03/1994.
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Has Michang Oil Ind. stock ever split?Michang Oil Ind. (stock symbol: KRX-003650) has undergone a total of two stock splits. The most recent split occurred on 01/03/1994. One share bought prior to the first split on 01/04/1993 would now equal 1.11 shares.
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Will Michang Oil Ind. stock split again?Michang Oil Ind. (stock symbol: KRX-003650) has undergone two stock splits in its history. The most recent split, a 1.04-for-1 split, occurred on 01/03/1994. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.