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Resorttrust ( (JP:4681) ) just unveiled an update.
Resorttrust, Inc. has announced a two-for-one stock split to enhance stock liquidity and broaden its investor base. This move will double the number of shares from 108,520,799 to 217,041,598, effective April 1, 2025, without changing the capital amount. Additionally, the company will amend its Articles of Incorporation to increase the total number of authorized shares to 300 million and adjust its shareholder benefit plan to reflect the stock split. These changes aim to position the company favorably in the market by making its shares more accessible to a wider range of investors.
More about Resorttrust
Resorttrust, Inc. operates in the hospitality industry, focusing on luxury hotels and resorts primarily in Japan. The company is listed on the Prime of Tokyo Stock Exchange and Premier of Nagoya Stock Exchanges.
YTD Price Performance: -2.13%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.98B
See more insights into 4681 stock on TipRanks’ Stock Analysis page.
