Nittetsu Mining announces five-for-one stock split and dividend adjustments
Nittetsu Mining Co., Ltd. will implement a 1-for-5 stock split, effective October 1, 2025, with a record date of September 30, 2025. This action will increase the total number of issued shares from 16,704,638 to 83,523,190 shares. Concurrently, the company's articles of incorporation will be amended to raise the authorized shares from 40,000,000 to 200,000,000.
In line with the stock split, the full-year dividend forecast for the fiscal year ending March 2026 has been adjusted. The previously projected year-end dividend of 92.00 yen per share (pre-split) will now be 18.40 yen per share post-split, maintaining an effective total dividend of 183.00 yen (pre-split equivalent) for the year. The second-quarter dividend remains unchanged at 91.00 yen per share.
The company's shareholder return policy will also be revised, maintaining a consolidated dividend payout ratio of 40% as a target. The minimum dividend per share will change from 170 yen to 34 yen per share post-split, applicable from the year-end dividend of the fiscal year ending March 2026.
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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