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IHI ( (JP:7013) ) has issued an update.
IHI Corporation has announced a stock split, amending its Articles of Incorporation and revising its year-end dividend forecast. The stock split aims to lower the stock price per investment unit to attract more investors, increasing the total number of issued shares significantly. The amendment in the Articles of Incorporation reflects this change, increasing the total authorized shares to 2.1 billion. The dividend forecast is adjusted to reflect the stock split ratio, with no substantive change in the actual dividend amount, indicating a strategic move to enhance shareholder value and market presence.
The most recent analyst rating on (JP:7013) stock is a Buy with a Yen13800.00 price target. To see the full list of analyst forecasts on IHI stock, see the JP:7013 Stock Forecast page.
More about IHI
IHI Corporation operates in the industrial sector, focusing on manufacturing and engineering services. The company is known for its diverse range of products, including heavy machinery, aerospace components, and energy systems, with a market focus on innovation and expansion.
Average Trading Volume: 5,443,869
Technical Sentiment Signal: Buy
Current Market Cap: Yen2596.9B
See more insights into 7013 stock on TipRanks’ Stock Analysis page.