Nagase announces 4-for-1 share split to boost liquidity
Nagase & Co., Ltd. announced a 4-for-1 share split, effective April 1, 2026, following a Board of Directors resolution on October 24, 2025. This action will increase the total number of issued shares from 109,908,285 to 439,633,140, with shareholders recorded on March 31, 2026, receiving four shares for every one common share held. The company's total authorized shares will also be amended to 1,387,920,000.
The primary objective of the share split is to improve the liquidity of Nagase's shares and broaden its investor base by reducing the per-unit investment amount. Concurrently, the company will amend its Articles of Incorporation, with no change to the share capital amount.
Shareholder benefits for the record date of March 31, 2026, will be based on the pre-split share count. Dividends for the fiscal year ending March 31, 2026, will also be calculated on the shares outstanding before the split. Specific details for shareholder benefits connected with this split, applicable to shareholders as of March 31, 2027, will be announced later.
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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