CHIIKISHINBUNSHA CO.,LTD. [2164.T]
TOKYO, May 29 (Pulse News Wire) – Chiikishinbunsha CO.,LTD. (2164.T) announced today that its board of directors approved a share split and corresponding changes to the company's articles of incorporation.
The primary purpose of the share split is to reveal the effective voting rights held by certain shareholder groups who may be engaging in credit transactions to maintain their holdings without direct ownership. The share split ratio will be 1-to-1.8, with the record date set for June 25, 2026, and the effectiveness date scheduled for June 26, 2026. As a result, the total number of outstanding shares will increase by 6,736,582 shares, bringing the post-split total to 14,890,000 shares.
Additionally, the issuance limit under Article 6 of the articles of incorporation will be adjusted from the current amount to 28,800,000 shares. Furthermore, the exercise prices of various warrant classes will also be adjusted accordingly. Capital adjustments due to the share split will remain unchanged.
Post-share split, shareholders holding fewer than 100 shares will be considered "fractional shares," which cannot be traded on stock exchanges but can still participate in dividend distributions and benefit from buyback programs under applicable laws.
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