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± MixedCapitalrelevance
Stock split aims to improve liquidity and expand investor base, but impact on share price is neutral.
Nippon Gas announced on the 28th that it will implement a 1-for-3 stock split effective October 1, with September 30 as the record date. By lowering the amount per investment unit, the company aims to improve stock liquidity and expand its investor base.
Stock split aims to improve liquidity and expand investor base, but impact on share price is neutral.