On January 5, 2024, Craft Corporation started its activist campaign against GFA Co., Ltd., by submitting a request to convene an Extraordinary General Meeting of Shareholders for the following proposal, (i) Reverse stock split: Reverse stock split of 10 shares into 1 share. Craft Corp. states that repeated stock splits and unplanned capital increases have resulted in a decline in the share price value instead of contributing to improvement of corporate value and that a reverse stock split will steady the increase in share price and improve the corporate value of the company.
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|
5-day change | 1st Jan Change | ||
472 JPY | -2.88% | -1.87% | +12.38% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+12.38% | 24.84M | |
+0.48% | 119B | |
+14.79% | 67.3B | |
+23.75% | 63.09B | |
+12.97% | 43.64B | |
+15.68% | 43.24B | |
+22.51% | 35.8B | |
+6.86% | 25.54B | |
+0.14% | 23.06B | |
+7.77% | 19.73B |
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