Stock Consolidation: Outstanding Shares Halved to 21 Million, Par Value Doubled to 1,000 Won
MOA Life Plus Co. Ltd. has decided on a stock consolidation, reducing total outstanding shares from 42,166,980 to 21,083,490 (50% decrease) and doubling the par value from 500 won to 1,000 won
The purpose is to stabilize the stock price and enhance corporate value by maintaining an appropriate number of circulating shares; it is not a capital reduction, so corporate value is preserved
Schedule: Shareholder meeting on July 6, 2026; trading halt from July 20 to August 10, 2026; new shares listing on August 11, 2026
Fractional shares (less than 1 share) will be paid in cash based on the closing price on the first day of listing; the final number of shares may slightly change
[AI Summary]This stock consolidation is a neutral event that does not change existing shareholders' equity or market cap; while it may stabilize the stock price through reduced supply, the temporary trading halt poses liquidity risk for investors