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Kanematsu to Conduct 2-for-1 Stock Split and Raise Dividend Forecast

The Japanese trading company will set December 31 as the record date for the stock split while also increasing its expected shareholder dividend.

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Terms & Concepts
  • Stock Split: A corporate action in which a company divides its existing shares into multiple shares to boost liquidity.
  • Dividend Forecast: The projected amount a company expects to pay shareholders as dividends over a given period.