1:5 Stock Split Approved, Aiming to Boost Trading Liquidity

NICE Information & Telecommunication announced a 1:5 stock split, reducing par value from KRW 500 to KRW 100, increasing total shares from 9.1 million to 45.5 million
Pre-split treasury shares of 900,000 will be canceled, leaving 9.1 million shares to be split; purpose is to enhance trading liquidity
Extraordinary general meeting scheduled for July 16, 2026; new shares effective July 31, 2026; listing on August 18, 2026
[AI Summary]The stock split is a neutral event that increases share liquidity without diluting existing shareholders, potentially stabilizing the stock price but not altering intrinsic value