Living Technologies Inc. [4445.T]
TOKYO, Apr 15 (Pulse News Wire) – Living Technologies Inc. (4445.T) resolved at its board meeting held, to implement a share split aimed at enhancing market liquidity and attracting a broader range of investors.
Under the plan, the company will conduct a two-for-one stock split based on the shareholder register as of May 11, 2026. As a result, the total number of outstanding shares will increase from 1,345,484 to 2,690,968. The effective date for the split is scheduled for May 12, 2026. Additionally, the company's articles of incorporation will be amended to reflect the updated number of authorized shares, changing from 4,000,000 to 8,000,000 shares. Furthermore, the company will adjust the number of shares eligible for repurchase from 210,000 to 420,000, aligning with the share split.
Details of the previous announcement on self-share acquisitions can be found in the notice dated November 14, 2025. In conjunction with the share split, Living Technologies Inc. plans to revise its shareholder benefits program. Effective September 30, 2026, shareholders holding more than 200 post-split shares will receive adjusted digital gift vouchers worth ¥7,500 minutes annually instead of the previously announced ¥15,000 minutes. This adjustment lowers the minimum investment amount needed to qualify for the benefit, potentially increasing shareholder participation.
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