KoMiCo Approves 2.5-for-1 Stock Split to Boost Liquidity and Accessibility
KoMiCo has convened its 14th extraordinary general meeting on July 15, 2026 to approve a stock split and related amendment to the articles of incorporation.
The existing 20,545,310 common shares will be split at a 2.5-to-1 ratio, increasing the total to 51,363,275 shares, with par value reduced from 500 KRW to 200 KRW.
The split aims to enhance liquidity and trading accessibility without any change in capital or dilution of existing shareholders' ownership.
Board attendance and compensation details are disclosed with no material governance concerns identified.
[AI Summary]KoMiCo's stock split is a neutral capital event that improves trading liquidity without diluting shareholder value. The new shares are expected to be listed on August 21, 2026, and a trading suspension period is scheduled, which may lead to short-term price volatility.