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Hirata Corporation Announces Share Split to Boost Liquidity

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Hirata Corporation Announces Share Split to Boost Liquidity

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Hirata ( (JP:6258) ) has issued an update.

Hirata Corporation announced a share split with the aim of improving liquidity and expanding its investor base by reducing the investment unit per share. Effective April 1, 2025, the share split will increase the total number of issued shares from 10,756,090 to 32,268,270, with authorized shares rising to 111,000,000. Additionally, amendments to the Articles of Incorporation will reflect these changes. The capital amount remains unchanged, and the year-end dividend will be paid based on pre-split shares, maintaining the forecasted dividend per share of 120 yen.

More about Hirata

Hirata Corporation operates in the manufacturing industry, focusing on providing automation solutions and industrial machinery. The company is known for its innovative technologies and has a significant market focus on enhancing production efficiency across various sectors.

YTD Price Performance: 3.07%

Average Trading Volume: 20

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €355.8M

Learn more about 6258 stock on TipRanks’ Stock Analysis page.

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