KURABO INDUSTRIES LTD. [3106.T]
TOKYO, May 14 (Pulse News Wire) – Kurabo Industries Ltd. (3106.T) announced today that its board of directors has approved a share split ratio of 1-to-5, effective October 1, 2026.
The move aims to enhance liquidity and broaden the investor base by reducing the per-share price. As of the record date, September 30, 2026, shareholders will receive five shares for every one share held. Following the split, the total number of outstanding shares will increase from 17,000,000 to 85,000,000.
Additionally, the authorized share capital will rise from 97,701,100 to 340,000,000. The company's capital amount remains unchanged. Regarding dividends, the final dividend for the fiscal year ending March 31, 2026, and the interim dividend for the fiscal year ending September 30, 2026, will be paid based on the pre-split share count.
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