IHI to Implement 7-for-1 Stock Split, Amend Articles and Adjust Dividend Forecast

MT Newswires Live08-06

IHI (TYO:7013) will carry out a 7-for-1 stock split on October 1 to make its shares more accessible to investors, according to a Wednesday filing on the Tokyo Stock Exchange.

Each common share held as of the September 30 record date will be split into seven shares, increasing the total number of shares issued from approximately 155 million to about 1.08 billion.

The number of authorized shares will rise to 2.1 billion from 300 million, with a corresponding change to the company's Articles of Incorporation effective the same day.

IHI also revised its year-end dividend forecast for the fiscal year ending March 2026 to 10 yen per share post-split.

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