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The latest update is out from NEC ( (JP:6701) ).
NEC Corporation announced a share split aimed at improving the liquidity of its shares and expanding its investor base. The split will occur on March 31, 2025, at a ratio of five new shares for every existing share, significantly increasing the total number of shares issued. This move is accompanied by amendments to the Articles of Incorporation to reflect the increased number of authorized shares. The share split and amendments are expected to positively impact NEC’s market presence by making its shares more accessible to a broader range of investors.
More about NEC
NEC Corporation is a technology company operating in the information and communication technology (ICT) industry, focusing on providing solutions and services across various sectors such as public safety, aviation, and telecommunications. The company is listed on the Tokyo Stock Exchange and aims to enhance its market position through strategic initiatives.
YTD Price Performance: 0.36%
Average Trading Volume: 822
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $22.85B
For a thorough assessment of 6701 stock, go to TipRanks’ Stock Analysis page.
