Disclosure Decoder
Disclosure Decoder #005: POSCO International Pumps 533 Billion Won Into US Shale Gas Unit
POSCO International will subscribe to 2,000 newly issued shares of its U.S. subsidiary for KRW 532,902,157,920 (approximately $396 million, per the filing's own footnote referencing U.S. dollar figures). Before this transaction the parent held 1,000 shares; after it will hold 3,000 shares,