TOKYO, May 14 (Pulse News Wire) – The Kiyo Bank,ltd. (8370.T) announced plans for a share split and dividend program aimed at enhancing shareholder benefits and increasing stock liquidity.
The bank's board approved a 1-for-3 share split, effective October 1, 2026, with a record date of September 30, 2026. As a result, the total number of outstanding shares will increase from 67,300,000 to 201,900,000. Following the split, the authorized capital will rise from 100 million shares to 300 million shares. Additionally, the bank introduced a shareholder benefit program beginning September 30, 2026.
Eligible shareholders who hold at least 1,000 shares continuously for one year will receive catalog gifts valued at either ¥3,000 or ¥5,000 depending on their holdings. The program will be detailed further on the company’s website. The bank emphasized that while the number of shares will triple, the per-share asset value remains unchanged. Shareholders will continue to receive the same total annual dividend amount post-split, though the dividend per share will decrease proportionally.
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