Daishi Hokuetsu Financial announces 3-for-1 stock split, dividend adjustment
Daishi Hokuetsu Financial Group announced a 3-for-1 common stock split, effective October 1, 2025, with September 30, 2025, as the record date. This move aims to lower the per-unit investment price, increase stock liquidity, and attract a broader range of investors. The company's total authorized shares will increase from 200 million to 600 million shares, requiring an amendment to its Articles of Incorporation.
In conjunction with the stock split, Daishi Hokuetsu Financial Group will also adjust its shareholder benefit program, maintaining its value for shareholders. For example, shareholders previously holding 100 to less than 200 shares will now need to hold 300 to less than 600 shares to receive 1,000 yen worth of Niigata prefecture products. These adjustments ensure the economic value of benefits remains consistent with the pre-split program.
The interim dividend of 75.00 yen for the fiscal year ending March 2026, with a record date of September 30, 2025, remains unchanged as it is based on pre-split shares. The year-end dividend for the same period will be 25.00 yen per share based on post-split shares, maintaining an equivalent actual dividend amount.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Daishi Hokuetsu Financial Group publishes news
Free account required • Unsubscribe anytime