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The Pack Corporation announces stock split and dividend revision

May 30, 2025 at 12:02 PM UTCBy FilingReader AI

The Pack Corporation announced a 3-for-1 stock split effective July 1, 2025, to increase investment accessibility. Shareholders of record on June 30, 2025, will receive three shares for each share held. Consequently, the company will amend Article 6 of its articles of incorporation to increase the number of authorized shares to 230,000,000. This adjustment also applies to the maximum number of shares that can be repurchased under the prior announcement, which is changed from 300,000 to 900,000 shares. The company expects a year-end dividend of JPY 22.00 per share, or JPY 66.00 on a pre-split basis, bringing the total annual dividend to JPY 80.00 per share (JPY 124.00 pre-split). The company affirmed its commitment to continuing existing shareholder benefits, including QUO cards and book coupons.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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