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ERI HOLDINGS extends gains on stock split plan, 1-for-3 split effective May 31
ERI HOLDINGS CO.,LTD. <6083> extended gains. After the market close on April 21, the company announced a 1-for-3 stock split with a record date of May 31. The move is designed to lower the investment unit, boosting share liquidity and expanding the investor base.
Separately, the company announced the acquisition of Nagoya-based Taiei Consultants, a specialist in construction and compensation consulting and surveying. ERI Holdings said the impact on earnings for the fiscal year ending May 2026 will be minimal.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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