Furukawa Electric Co.,Ltd. [5801.T]
TOKYO, May 12 (Pulse News Wire) – Furukawa Electric CO.,LTD. (5801.T) announced today that its board of directors has approved a share split and corresponding amendments to the company's articles of incorporation.
Under the plan, shareholders recorded in the final shareholder registry on June 12, 2026, will receive nine additional shares for every one ordinary share held. As a result, the total number of outstanding shares will increase from 70,666,917 to 706,669,170. The effective date of the split is set for July 1, 2026.
There will be no changes to the capital amount. The share split aims to lower the investment unit price per share, making it more accessible for investors and expanding the investor base. Following the split, the total number of authorized shares will be amended from ¥250 million to 2.5 billion shares, effective July 1, 2026, based on provisions of the Companies Act Article 184(2).
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