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 | ||
500 JPY | -3.10% | +8.70% | +19.05% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+19.05% | 25.72M | |
+0.05% | 121B | |
+5.52% | 97.29B | |
+13.89% | 68.9B | |
+21.34% | 64.34B | |
+14.31% | 44.5B | |
+14.29% | 43.12B | |
+22.18% | 36.25B | |
+8.42% | 26.07B | |
+0.71% | 23.5B |
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