JPX to conduct stock split
Today, Japan Exchange Group, Inc. (JPX) has decided to conduct a stock split and will partially amend the Articles of Incorporation and revise its dividend forecast in relation to said stock split.
The stock split will be conducted to reduce the minimum amount needed for investment with the aim of increasing the liquidity of JPX stock and further enlarging the investor base.
A 2-for-1 stock split will be conducted with a record date of September 30, 2024 (Monday) for each common share held by shareholders included in the shareholder register as of the end of said day.
Due to the stock split, in accordance with the provisions of Article 184, Paragraph 2 of the Companies Act, the total number of authorized shares stipulated in Article 7 of the JPX Articles of Incorporation shall be amended on October 1, 2024.