HiDeep Announces Stock Split Reverse: 2-for-1 Consolidation to Stabilize Share Price and Enhance Corporate Value
On June 30, 2026, HiDeep's board of directors resolved a reverse stock split. Common shares will be consolidated at a 2:1 ratio, reducing total outstanding shares from 36,814,550 to 18,407,275, while the par value per share increases from 100 won to 200 won.
This consolidation is a par value change without affecting capital, reducing only the number of shares outstanding without diluting existing shareholder value. The company aims to stabilize the stock price and enhance corporate value by maintaining an appropriate number of circulating shares.
New shares are scheduled to be listed on September 16, 2026, subject to approval at an extraordinary general meeting. Fractional shares will be paid in cash.
[AI Summary]HiDeep's 2:1 reverse stock split reduces outstanding shares by 50%, lowering the per-share price burden and potentially benefiting shareholder value. However, as a pure par value adjustment without capital change, it does not alter intrinsic corporate value; market reaction and future price trends are key.