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Mitsui Kinzoku Launches 10-for-1 Stock Split and Dividend Revision

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Mitsui Kinzoku (TYO:5706) will implement a 10-for-1 stock split effective Oct. 1, for shareholders on record as of Sept. 30, aiming to lower the investment threshold and broaden its investor base.

The split will increase total issued shares from approximately 57.4 million to 574.2 million, with authorized shares rising to 1.9 billion.

The company also revised its year-end dividend forecast to 14 yen per share on a post-split basis, reflecting the split ratio with no changes to the previously disclosed payout.

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