TOKYO, Apr 28 (Pulse News Wire) – Hibino Corporation (2469.T) announced plans to conduct a share split and amend its articles of incorporation. The share split will occur on April 28, 2026, increasing the total number of outstanding shares from 10,265,480 to 20,530,960.
Following the split, the authorized share capital will be adjusted to 68 million shares. Additionally, the company will revise its shareholder benefits program. New provisions will apply to shareholders holding between 100 and 200 post-split shares, offering 1,000 points. Existing benefit tiers will also be updated, providing 2,000 points for holders of 200 to 600 shares and 3,000 points for those with more than 600 shares.
These changes will take effect based on the shareholder registry as of March 31, 2027. Capital remains unchanged at 34 million shares. Regarding dividends, the interim dividend for the fiscal year ending March 2027 will be paid based on pre-split shares, while the final dividend will be calculated based on post-split shares effective from September 30, 2026. This restructuring aims to enhance liquidity and expand investor base, aligning with the company's strategic objectives.
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