Source disclosure: February 27, 2026, 14:30 JST
The 77 Bank,Ltd. [8341.T]
TOKYO, Feb 27 (Pulse News Wire) – The 77 Bank,ltd. (8341.T) announced plans to split its shares at a ratio of three-for-one, effective April 1, 2026.
The move aims to lower investment costs and enhance liquidity. As of March 31, 2026, shareholders will hold triple the number of shares but see their per-share value reduced accordingly. The bank's capital remains unchanged at the time of the split. Additionally, the board approved changes to the company’s articles of incorporation, increasing the total number of authorized shares from ¥268.8 million to ¥864 million.
Shareholders will also benefit from enhanced perks, including increased local product offerings and gift card amounts, applicable to those holding more than 500 shares continuously for over a year. The revised benefits will apply retroactively to shareholders as of March 31, 2026. The bank emphasized that while the share count will triple, the overall asset value for individual investors remains unaffected. Dividend payouts will remain consistent, though distributed across a larger number of shares.
Shareholders need take no special action; trading will continue uninterrupted until March 30, 2026, after which transactions will reflect post-split conditions.
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