U-NEXT Announces Stock Split to Widen Investor Base

U-NEXT HOLDINGS Co.Ltd. (JP:9418) has released an update.

U-NEXT HOLDINGS Co., Ltd. has announced a stock split aimed at making its shares more accessible to individual investors, following record-high financial performance and resumed dividend payments leading to a share price increase. The 3-for-1 stock split will not affect the company’s capital or its shareholder benefit program. The change, effective December 1, 2024, will increase the liquidity of shares and expand the investor base, aligning with Japan’s shift from savings to investment and the bullish stock market.

For further insights into JP:9418 stock, check out TipRanks’ Stock Analysis page.