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% | 26.57M | |
-0.50% | 120B | |
+5.10% | 97.17B | |
+14.36% | 69.14B | |
+23.75% | 64.14B | |
+12.91% | 43.95B | |
+14.78% | 43.3B | |
+21.67% | 36.38B | |
+7.83% | 25.91B | |
+0.18% | 23.39B |
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