Sumitomo Mitsui Financial (SMFG) has released an update.
Sumitomo Mitsui Financial Group has announced a stock split aimed at creating a more investor-friendly environment and expanding their investor base. The split will result in each common stock share owned by shareholders being divided into three shares. Additionally, a proposal for partial amendments to the Articles of Incorporation will be submitted at the upcoming shareholders meeting to accommodate the changes.
For further insights into SMFG stock, check out TipRanks’ Stock Analysis page.
