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Broadleaf hits new high on 2-for-1 stock split and effective dividend increase
Broadleaf Co.,Ltd. <3673> advanced for the third straight day, hitting a new year-to-date high. After the close of trading on May 20, the company announced a 2-for-1 stock split with a record date of June 30 and revised its year-end dividend guidance for the fiscal year ending December 2026 to 4 yen per share from 7.50 yen, representing an effective increase. The move was well received by investors. The stock split aims to lower the investment unit, thereby improving liquidity and expanding the investor base. Additionally, Broadleaf raised its dividend guidance due to steady progress against its earnings forecast. The interim dividend remains unchanged at 7.50 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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