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NIPPON STEEL ( (JP:5401) ) has shared an announcement.
Nippon Steel Corporation announced a stock split to make its shares more accessible, increasing the total number of shares issued from approximately 1.07 billion to over 5.37 billion. This move is accompanied by an amendment to the Articles of Incorporation to increase the authorized shares to 10 billion. Additionally, the company revised its dividend forecasts to reflect the stock split, maintaining the per-share dividend value but adjusting the total annual dividend calculation.
The most recent analyst rating on (JP:5401) stock is a Buy with a Yen3900.00 price target. To see the full list of analyst forecasts on NIPPON STEEL stock, see the JP:5401 Stock Forecast page.
More about NIPPON STEEL
Nippon Steel Corporation is a leading company in the steel industry, primarily engaged in the production and sale of steel products. It operates in various markets, focusing on providing high-quality steel solutions to meet diverse industrial needs.
Average Trading Volume: 6,204,588
Technical Sentiment Signal: Buy
Current Market Cap: Yen3051.4B
See more insights into 5401 stock on TipRanks’ Stock Analysis page.