Iwatani Corporation (JP:8088) has released an update.
Iwatani Corporation has announced a stock split aimed at lowering investment costs to attract more investors and enhance stock liquidity, effective October 1, 2024. Each shareholder will receive four shares for every one they own, increasing the total issued shares to 234,246,596. Additionally, the company has revised its year-end dividend forecast post-split without changing the substantive return to shareholders.
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