The latest announcement is out from Daito Construction ( (JP:1878) ).
Daito Trust Construction Co., Ltd announced a stock split to make its shares more accessible and improve liquidity. This move aims to expand the investor base and involves a five-for-one stock split, increasing the total number of outstanding shares significantly. The company will also amend its Articles of Incorporation to reflect the increased number of authorized shares, with no change in share capital or exercise prices for share acquisition rights.
More about Daito Construction
Daito Trust Construction Co., Ltd is a prominent company in the construction industry, primarily engaged in building and real estate services. It is listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange, indicating its significant presence in the Japanese market.
YTD Price Performance: -5.99%
Average Trading Volume: 57
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.05B
For detailed information about 1878 stock, go to TipRanks’ Stock Analysis page.