The Miyazaki Bank, Ltd.
Notice Regarding Stock Split and Partial Amendments to the Articles of Incorporation Accompanying the Stock Split
A stock split will be conducted on the record date of March 31, 2026, where 1 share will be split into 5 shares, increasing the total number of outstanding shares from 17,133,400 shares to 85,667,000 shares. There will be no change to the capital stock. The total number of authorized shares will also be changed from 29.71 million shares to 148.55 million shares.
Key Figures
- Total Outstanding Shares Before Stock Split: 17,133,400 shares
- Total Outstanding Shares After Stock Split: 85,667,000 shares
- Year-end Dividend (per share): Revised from 90 yen to 110 yen (increased dividend)
AI要約
Overview of the Stock Split
Miyazaki Bank, Ltd. will conduct a stock split on the record date of March 31, 2026, whereby 1 share will be split into 5 shares. This will increase the total number of outstanding shares from 17,133,400 shares to 85,667,000 shares, and the total authorized shares will be changed from 29.71 million shares to 148.55 million shares. There will be no change in the amount of capital stock. The purpose of the stock split is to lower the amount per investment unit, thereby creating a more accessible investment environment to improve share liquidity and broaden the investor base.
Impact on Shareholders and Amendments to the Articles of Incorporation
The stock split will take effect on April 1, 2026, and the year-end dividend for the record date of March 31, 2026 will be paid based on the pre-split number of shares. Additionally, the year-end dividend forecast has been revised upward from 90 yen to 110 yen per share. Partial amendments to the Articles of Incorporation will also be made on the same date to increase the total authorized shares. This will result in a smaller investment unit for shareholders, facilitating an environment where more investors can participate.
