Korea Advanced Materials Approves Stock Split Ratio Change and Articles Amendment at EGM to Comply with KOSDAQ Listing Rules

Korea Advanced Materials held an extraordinary general meeting on June 17, 2026, revoking the previously resolved 3:1 stock split and approving a new 2:1 par value split instead.
This action corrects the non-compliant par value of 1,500 won relative to KOSDAQ listing rules, reducing outstanding shares from 57,088,614 to 28,544,307 without any change in capital.
The company's 2025 performance showed revenue of 3.5 billion won, operating loss of 3.4 billion won, and net loss of 12.7 billion won, while its market share for data center AWG remains around 70 percent.
[AI Summary]The stock split itself has no direct impact on shareholder value, but the proactive correction of a regulatory violation is positive. Given weak earnings and low market share, short-term price momentum is limited, though the reduction in floating shares may contribute to price stability.