The 77 Bank, Ltd.
Notice Regarding Stock Split, Partial Amendment of Articles of Incorporation Accompanying the Stock Split, and Changes to the Shareholder Benefit Program
A 3-for-1 stock split will be executed with the record date of March 31, 2026, increasing the total number of issued shares from 76,655,746 to 229,967,238 shares. The total number of authorized shares in the Articles of Incorporation will change from 268,800,000 shares to 806,400,000 shares. The shareholder benefit program will also be expanded.
Key Figures
- Stock Split Ratio: 3 shares per 1 share
- Total Number of Issued Shares Before Split: 76,655,746 shares
- Total Number of Issued Shares After Split: 229,967,238 shares
AI要約
Overview of the Stock Split
The 77 Bank, Ltd. will execute a 3-for-1 stock split with the record date of March 31, 2026. As a result, the total number of issued shares will increase to approximately 229,967,238 shares, roughly tripling the current figure. The total number of authorized shares will also triple. There will be no change to the capital amount, and the stock split will not affect the asset value or total dividends for shareholders. The year-end dividend for the fiscal year ending March 2026 will be paid based on pre-split shares, with the annual dividend per share remaining at 226 yen.
Partial Amendment of Articles of Incorporation and Expansion of the Shareholder Benefit Program
In conjunction with the stock split, the total number of authorized shares stipulated in the Articles of Incorporation will be amended from 268,800,000 shares to 806,400,000 shares. Additionally, the shareholder benefit program will be expanded by lowering the shareholding requirements and increasing the benefit amounts for local specialty products, donations, and gift cards. The first shareholder benefit will apply to shareholders registered in the shareholder registry as of March 31, 2026, and will be granted regardless of the continuous holding period.
