KAWAKAMI PAINT MANUFACTURING surges to new year-to-date high on 3-for-1 stock split and shareholder benefit expansion
KAWAKAMI PAINT MANUFACTURING CO., LTD. <4616> surged to a year-to-date high after announcing a 3-for-1 stock split with a record date of Nov. 30 after the market close on Aug. 31. The news drew strong buying.
In conjunction with the split, KAWAKAMI PAINT will expand its shareholder benefit program. Under the current program, shareholders holding 100 or more shares continuously for at least one year receive a 3,000 yen QUO Card Pay. Effective at the end of Nov. 2027, the revised plan will grant a 3,000 yen QUO Card Pay to shareholders holding 300 to 499 shares continuously for at least one year, and 5,000 yen to those holding 500 or more shares.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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