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 | ||
544 JPY | -1.81% | +1.30% | +29.52% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+29.52% | 28.45M | |
-5.90% | 114B | |
-5.79% | 87.22B | |
+9.71% | 64.53B | |
+20.26% | 62.28B | |
+9.51% | 42.63B | |
+10.30% | 41.73B | |
+19.41% | 34.99B | |
+3.54% | 24.9B | |
-3.96% | 22.41B |
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