The Akita Bank revised its dividend forecasts in connection with the implementation of a stock split. The second-half dividend was maintained at ¥100 per share and the annual dividend at ¥200 per share, while the revision was disclosed on the announcement date, 26/08/24.
The Akita Bank reviewed its dividend forecasts based on the stock split, with no change to the second-half dividend and the amount set at ¥100 per share. The announcement date was given as 26/08/24, in the same format as the 2024 announcement date. The revision was positioned as an adjustment to the dividend amount in connection with the stock split.
There was also no change to the annual dividend, which remained at ¥200 per share. As a result, the dividend forecasts after the stock split are expected to remain largely unchanged from the previous forecasts, with no change expected in the dividend level itself.
The article does not specify the split ratio or timing, but states that the revision amount was ¥0 for both the second-half and annual dividends. Information including timely disclosures concerning the relationship between the stock split and the dividend forecasts will continue to require attention.
The article was released in the form of an earnings flash report and is based on data distributed on the same day as the primary information from sources such as TDnet.