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Living Tech shares jump after setting May 11 record date for 2-for-1 stock split
Living Technologies Inc. <4445> extended its sharp rally. After the bell on April 15, the company announced a 2-for-1 stock split with a May 11 record date, a move welcomed by the market. The split aims to lower the investment threshold, thereby enhancing market liquidity and creating opportunities for a broader retail investor base.
In addition, the company revised its shareholder benefit program in conjunction with the split. Currently, shareholders holding at least 200 shares (two units) as of the end of March and September receive 15,000 yen in digital gifts (30,000 yen annually). Following the split, shareholders with at least 200 shares will receive 7,500 yen in digital gifts (15,000 yen annually).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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