SK Securities said on the 4th it will cancel 10 million common shares. It will also proceed with a reverse stock split.
SK Securities disclosed that on the day it will cancel 10 million common shares worth 18.2 billion won and will also consolidate shares by changing the par value from 500 won to 1,000 won.
With this par value consolidation, the number of shares issued by SK Securities is expected to decrease from 472,591,071 to 236,295,085.
These agenda items will be finalized at the regular shareholders meeting on the 24th.
Meanwhile, the scheduled cancellation date is on the 11th, and trading of the shares will be suspended from Apr. 7 to 24 for the new share certificate change listing.
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