Hibiya Engineering,Ltd. [1982.T]
TOKYO, Mar 26 (Pulse News Wire) – Hibiya Engineering,ltd. (1982.T) announced changes to its share count due to a buyback and subsequent stock split.
On March 19, the board resolved to cancel 1,000 shares based on Article 178 of the Companies Act, leading to an increase in outstanding shares post-split. Prior to the adjustment, the total number of issued shares was 23,756,321.
Following the split, the number of additional shares increased by 22,000,000, resulting in a total of 44,000,000 outstanding shares. The total number of authorized shares remains unchanged at 96,500,000.
This modification does not affect other conditions related to the stock split previously disclosed on February 10, which included revised earnings forecasts and dividend increases.
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