Kioxia, a major semiconductor memory company, carried out a 3-for-1 stock split. The background includes initiatives by the Tokyo Stock Exchange, the spread of the new NISA scheme and gains in Japanese equities. The article explains the relationship between stock splits and share prices, as well as the points individual investors should consider when making investment decisions.
Kioxia, a major semiconductor memory company, reportedly carried out a 3-for-1 stock split. The article cites initiatives by the Tokyo Stock Exchange, the spread of the new NISA scheme and gains in Japanese equities as factors behind the succession of stock splits.
A lower share-price level resulting from a stock split is a separate matter from the shares becoming undervalued, and the article explains the effects of the split separately.
It explains the investment considerations individual investors should keep in mind, taking into account the background to the split and the company's objectives.