Kyokuto Kaihatsu plans share split

Newswire

TOKYO, Aug 30 (Reuters) - Kyokuto Kaihatsu Kogyo Co Ltd said on Tuesday it planned a 1.5-for-1 share split on November 18, for shareholders as of September 30. Companies often split shares to improve their liquidity and make them more attractive to individual investors. NOTE - Kyokuto Kaihatsu Kogyo Co Ltd is a leading maker of specility vehicles, such as dump trucks and tank lorries.

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