IBIS Holdings Announces Share Split and Articles Amendment
TOKYO, Jul 15 (Pulse News Wire) – Ibis Holdings CO.,LTD. (9334.F) resolved at its board meeting held , to implement a share split and amend certain provisions of its articles of incorporation.
The share split aims to lower the investment amount per share, making it easier for investors to invest in the company's stock and enhancing liquidity while broadening the investor base. As part of the split, shareholders' holdings will increase by a ratio of two shares for every one share held, based on the record date of July 31, 2026. Following the split, the total number of outstanding shares will rise from 899,000 to 1,798,000 shares, with the total authorized shares adjusted accordingly to 7,192,000. The effective date of the split is set for August 1, 2026.
There will be no changes to the capital amount due to the split. Additionally, exercise prices for subscription rights exercisable after August 1, 2026, will be adjusted according to the split ratio. In conjunction with the share split, the company will amend Article 6 of its articles of incorporation to reflect the updated total number of authorized shares. The amendment will take effect on August 1, 2026, aligning with the share split adjustments.
