Shionogi & Co (JP:4507) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Shionogi & Co. has announced a stock split aimed at enhancing the liquidity of its shares and attracting a broader investor base, with each shareholder receiving 3 shares for every 1 share held as of September 30, 2024. Concurrently, the company is amending its Articles of Incorporation to increase the total number of authorized shares from 1 billion to 3 billion, effective October 1, 2024. Furthermore, Shionogi is revising its dividend forecast upward for the fiscal year ending March 2025, reflecting an effective increase in the previously announced dividend forecast.
For further insights into JP:4507 stock, check out TipRanks’ Stock Analysis page.
