GIFT Holdings Approves Share Split and Dividend Adjustments
TOKYO, Jul 15 (Pulse News Wire) – Gift Holdings Inc. (9279.T) announced that its board of directors approved a share split ratio of 1-to-2 effective September 1, 2026.
As of April 30, 2026, the company had 20,048,101 outstanding shares, which will increase to 40,096,202 shares post-split. The capital amount remains unchanged at ¥48. Additionally, the exercise price per share for subscription rights will be adjusted accordingly. The second tranche's exercise price will drop from 26F to 13F, while the third tranche's will decrease from ¥128 to 64F.
The company also amended its articles of incorporation to reflect the increased number of authorized shares to 128,000,000. Regarding dividend expectations, the company confirmed there would be no substantial changes to the previously announced annual dividend of ¥13 per share. However, due to the share split, the interim dividend calculation will be based on pre-split share counts, resulting in no adjustments to the previous forecast. The total dividend per share cannot be simply calculated due to the share split.
