Asahi Group Holdings (JP:2502) has released an update.
Asahi Group Holdings, Ltd. has announced a stock split intended to enhance liquidity and attract a broader investor base, alongside a partial amendment to its Articles of Incorporation. The split will occur on October 1, 2024, tripling the number of issued shares and adjusting dividends and stock compensation plans accordingly. In line with these changes, the company will also be abolishing its shareholder benefit program to focus on profit distribution through dividends.
For further insights into JP:2502 stock, check out TipRanks’ Stock Analysis page.