As of Monday, Samsung Electronics' stock market value ranks fourth in Asia. In January of this year, Samsung Electronics announced a 50:1 stock split plan, mainly to make it easier for retail investors to hold Samsung stock.
The Korea Stock Exchange said that the exact date for suspending the transaction will be announced by Samsung Electronics. Samsung Electronics Co., Ltd. previously stated in a document submitted to the regulator that the split new shares are expected to be traded on May 16.
The South Korean Stock Exchange said today that the suspension of the transaction is to deal with related issues, including data processing and exchange of old stocks. The Samsung Electronics stocks only suspend trading for three days, and generally require a suspension of about 15 days.
As of today, Samsung Electronics accounts for approximately 20% of the market value of the Kospi.