Insung Information Sets 5:1 Reverse Split, Shareholders to Vote Nov 30
Board approves 5:1 reverse split cutting common shares from 50,515,380 to 10,103,076; shareholders meet November 30, 2026, with trading halted from December 29.
Insung Information has decided to carry out a 5:1 reverse stock split of its common shares, the company disclosed on October 8, 2026. Under the plan, the par value per share rises from 500 won to 2,500 won, and total common shares issued fall from 50,515,380 to 10,103,076.
The company said the purpose of the reverse split is to stabilize the share price and enhance corporate value by maintaining an appropriate number of circulating shares. Insung Information stated that the move maintains corporate value and does not constitute a capital reduction aimed at decreasing capital.
The reverse split is an agenda item for the 35th extraordinary shareholders' meeting, scheduled for November 30, 2026, and may change based on the approval result. The effective date of the new shares is December 31, 2026. Trading is planned to be suspended from December 29, 2026 to January 24, 2027, with the new shares scheduled to be listed on January 25, 2027. The total number of shares after the split may change depending on the scale of fractional shares generated, and cash payments for fractions under one share will be calculated based on the closing price on the new share listing date, according to digitaltoday.co.kr.
The board resolution was passed on October 8, 2026, with two outside directors present and none absent. The schedule and details may change during consultations with related institutions and related procedures.
Financial Position and Listing History
As of December 31, 2025, Insung Information reported consolidated total assets of 227.5 billion won, total liabilities of 139.2 billion won and total equity of 88.2 billion won, with revenue of 342.7 billion won, an operating loss of 4.3 billion won and a net loss of 5.1 billion won. The company was listed on KOSDAQ on July 30, 1999, in the computer programming system integration and management industry.
At 6:43 PM on October 8, 2026, Insung Information's stock price was 1,087 won, down 32 won (-2.86%) from the previous day.
Quick answers
What is the ratio of Insung Information's reverse stock split?
The company approved a 5:1 reverse split of its common shares, raising par value from 500 won to 2,500 won and cutting total common shares issued from 50,515,380 to 10,103,076, subject to shareholder approval.
When will Insung Information's new shares be listed?
The new shares are scheduled to be listed on January 25, 2027, after a planned trading suspension from December 29, 2026 to January 24, 2027.
What was Insung Information's stock price on October 8, 2026?
At 6:43 PM on October 8, 2026, the stock was trading at 1,087 won, down 32 won (-2.86%) from the previous day.