SWCC falls as profit-taking dominates despite 1-for-5 stock split announcement with Sept. 30 record date
SWCC Corporation <5805> reversed course lower on Tuesday as profit-taking dominated, despite announcing a 5-for-1 stock split with a record date of Sept. 30 after the market close on Aug. 31. The stock had risen for five straight sessions heading into the day, prompting investors to lock in gains.
SWCC said the split aims to lower the minimum investment amount, making shares more accessible to a broader investor base while improving liquidity.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
-
INABA DENKISANGYO rises for fifth straight session after announcing plan to make Fujikura's Fujikura Shoji a wholly owned subsidiary
Tue Sep 1, 2026 10:29 am JST Catalyst -
OPTiM ranks 4th in 'rising buy forecasts' among individual investors on Minkabu
Tue Sep 1, 2026 10:22 am JST Catalyst -
FX summary: Dollar/yen hovers around 159.80, market eyes domestic interest rate trends
Tue Sep 1, 2026 10:31 am JST Currency -
TETSUJIN Holdings falls for fourth consecutive session after TSE designates stock as supervision issue effective Sept. 1
Tue Sep 1, 2026 10:29 am JST Catalyst -
MEIDENSHA reverses lower as interim dividend forecast of 83 yen draws limited market reaction
Tue Sep 1, 2026 10:21 am JST Catalyst -
Tokyo Prime market breadth at 10 a.m.: 778 gainers, 729 decliners
Tue Sep 1, 2026 10:04 am JST Market -
TOKYO ENERGY & SYSTEMS seen as laggard play on power infrastructure theme as earnings growth accelerates
Tue Sep 1, 2026 10:00 am JST Catalyst -
Delta-Fly Pharma surges on data suggesting DFP-17729 may extend OS in phase 2/3 trial
Tue Sep 1, 2026 10:10 am JST Catalyst -
Terra Drone reverses early losses to post sharp gains after announcing strategic partnership with Malaysian defense firm
Tue Sep 1, 2026 9:53 am JST Catalyst -
Ishii Food rebounds for first time in four sessions on baby food market entry plan
Tue Sep 1, 2026 9:46 am JST Catalyst