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KURABO INDUSTRIES LTD. ( (JP:3106) ) has shared an announcement.
Kurabo Industries Ltd. has approved a five-for-one stock split of its common shares, effective October 1, 2026, to lower the investment amount per trading unit, improve share liquidity and broaden its investor base. The split will increase the total number of issued shares from 17 million to 85 million, with shareholders of record on September 30, 2026, receiving four additional shares for each existing share.
In conjunction with the split, Kurabo will amend its Articles of Incorporation to raise the total number of authorized shares from 97,701,100 to 340 million, also effective October 1, 2026. The company stated that its share capital will remain unchanged and that dividends for record dates prior to the effective date will be calculated based on the pre-split share count, clarifying the impact on existing shareholders and future capital policy flexibility.
More about KURABO INDUSTRIES LTD.
Kurabo Industries Ltd. is a Japanese company listed on the Tokyo Stock Exchange Prime Market under securities code 3106. The company operates in manufacturing and industrial sectors, though this notice focuses on its capital markets activities as a listed issuer rather than its specific products or services.
Average Trading Volume: 37,612
Technical Sentiment Signal: Buy
Current Market Cap: Yen154B
Learn more about 3106 stock on TipRanks’ Stock Analysis page.