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Trading in Samsung Electronics to be halted for three days before stock split: Korea Exchange

Reuters  |  SEOUL 

SEOUL (Reuters) - South Korea's stock exchange said on Monday that trading in Samsung Electronics Co Ltd's shares will be halted for three days before the stock is split. Samsung Electronics, Asia's fourth most valuable stock as of Monday, announced a 50:1 stock split in January, in a move that will make it easier for retail shareholders to hold Samsung shares.The Korea Exchange said the exact dates of the trading halt will be announced by Samsung Electronics. Samsung previously said in a regulatory filing that the newly split shares are expected to be listed on May 16. The exchange said in a ...

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First Published: Mon, March 12 2018. 13:46 IST