Sumitomo Electric Industries, Ltd. [5802.T]
TOKYO, May 12 (Pulse News Wire) – Sumitomo Electric Industries,ltd. (5802.T) announced today that its board of directors, meeting, resolved to implement a share split ratio of 1-to-4, effective July 1, 2026.
The move aims to lower the investment unit size, making it easier for investors to participate and broaden the investor base. As part of the split, shareholders recorded in the final shareholder registry on June 30, 2026, will see their holdings increase by four times the number of shares they currently own. Prior to the split, the outstanding shares total was 793,940,571.
Post-split, the total number of outstanding shares will rise to 3,175,762,284, while the total number of authorized shares will expand to 12,000,000,000. Additionally, the company's capital remains unchanged at ¥5,802 despite the share split. The revised articles of incorporation, which will take effect on July 1, 2026, will adjust the maximum issuance limit from 30 billion shares to 120 billion shares.
In related matters, the final dividend payment for the fiscal year ending March 31, 2026, will be based on pre-split shareholdings due to the effective date of the split being set for July 1, 2026.
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