Source disclosure: February 09, 2026
SPK CORPORATION [7466.T]
TOKYO, Feb 9 (Pulse News Wire) -- SPK Corporation (7466.T), led by Chairman and CEO Koji Oki, announced today that its board of directors has approved a share split and partial amendments to the company's articles of incorporation. The decision aims to enhance liquidity and broaden the investor base by reducing the investment unit price per share.
The share split will be executed on March 31, 2026, with shareholders recorded as of the close of business on that day receiving two shares for every one they currently hold. This move will increase the total number of outstanding common shares from 10,453,800 to 20,907,600. Additionally, the maximum number of authorized but unissued shares will rise from 40 million to 80 million.
Key dates associated with this share split include an announcement date set for March 16, 2026, followed by the record date on March 31, 2026, and the effective date on April 1, 2026. These changes reflect adjustments made under Article 184, Paragraph 2 of Japan’s Companies Act, necessitating corresponding modifications to the company's articles of incorporation.
Furthermore, the company plans to adjust the annual issuance or disposal limit of restricted stock awards granted to executive officers. Following the share split, the cap on new ordinary shares issued or disposed of annually will be increased from 30,000 to 60,000 shares. For more information about the restricted stock award program, investors can refer to the May 16, 2024, press release titled “Introduction of Restricted Stock Award Program.”
Notably, while the share split will significantly alter the shareholder structure, it will not affect the capital stock amount. Regarding dividends, the company clarified that the final dividend payout for the fiscal year ending March 31, 2026, will still be based on pre-split share counts, given the effective date of the split is April 1, 2026.
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