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Tamron Co., Ltd. ( (JP:7740) ) just unveiled an announcement.
Tamron Co., Ltd. has announced a stock split and an amendment to its Articles of Incorporation. The stock split aims to improve stock liquidity and broaden the investor base by reducing the stock price per investment unit. Each existing share will be split into four, increasing the total issued shares from 46,000,000 to 184,000,000. Consequently, the company’s Articles of Incorporation will be amended to reflect the new maximum number of authorized shares, which will rise from 160,000,000 to 640,000,000. These changes are set to take effect on July 1, 2025.
More about Tamron Co., Ltd.
YTD Price Performance: -0.22%
Average Trading Volume: 176,260
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen187.7B
For an in-depth examination of 7740 stock, go to TipRanks’ Stock Analysis page.