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Niterra Plans 2-for-1 Stock Split; Revises Dividend Forecast

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Niterra (TYO:5334) has planned a two-for-one stock split effective Oct. 1, aiming to lower the price per investment unit and expand its investor base, according to a bourse filing on Friday.

Following the split, total outstanding shares will increase to 398.5 million from 199.2 million, while total authorized shares will double to 780 million.

The company will partially amend its articles of incorporation to reflect the increase in authorized shares, effective Oct. 1.

In line with the stock split, Niterra has revised its dividend forecast for the fiscal year ending March 31, 2027, with the year-end dividend adjusted to 52.50 yen per share on a post-split basis, while the second-quarter dividend of 105.00 yen will be paid based on pre-split shares.

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