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Miyazaki Bank Ltd. ( (JP:8393) ) has provided an announcement.
The Miyazaki Bank, Ltd. will conduct a five-for-one split of its common shares, aiming to reduce the per-unit investment price and make its stock more accessible to a wider range of shareholders and investors. The move is intended to enhance liquidity and broaden the investor base, with the record date set for March 31, 2026 and the effective date on April 1, 2026.
Following the split, the total number of issued shares will rise from 17,133,400 to 85,667,000, and the total number of authorized shares will increase to 148,550,000 through a concurrent amendment of the Articles of Incorporation. While the share capital amount will remain unchanged, the bank has separately revised its year-end dividend forecast for the fiscal year ending March 31, 2026 upward, signaling a shareholder-friendly stance alongside the capital market measures.
The most recent analyst rating on (JP:8393) stock is a Buy with a Yen9935.00 price target. To see the full list of analyst forecasts on Miyazaki Bank Ltd. stock, see the JP:8393 Stock Forecast page.
More about Miyazaki Bank Ltd.
The Miyazaki Bank, Ltd. is a regional Japanese bank listed on the TSE Prime Market and the Fukuoka Stock Exchange under securities code 8393. It provides commercial banking services to local customers and businesses, with its operations centered in Miyazaki Prefecture and surrounding areas, and its shares are held by a broad base of domestic investors.
Average Trading Volume: 71,059
Technical Sentiment Signal: Buy
Current Market Cap: Yen149.9B
For an in-depth examination of 8393 stock, go to TipRanks’ Overview page.