Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Kioxia Sets 3-For-1 Stock Split After Profit Misses Estimates
Business & Finance

Kioxia Sets 3-For-1 Stock Split After Profit Misses Estimates

Bloomberg Technology Friday 31 July 2026, 06:37 UTC By Takashi Mochizuki 1 min read
Key Points

Kioxia Sets 3-For-1 Stock Split After Profit Misses Estimates Kioxia Holdings Corp.’s results fell short of expectations, a sign that an AI-driven surge in flash memory prices may be moderating. The Japanese chip leader also announced a 3-for-1 stock split and a buyback of up to ¥800 billion ($5 billion), taking action to broaden its shareholder base and reduce volatility. The memory chipmaker on Friday posted June-quarter operating income of ¥1.27 trillion, missing the average estimate of...

Kioxia Sets 3-For-1 Stock Split After Profit Misses Estimates Kioxia Holdings Corp.’s results fell short of expectations, a sign that an AI-driven surge in flash memory prices may be moderating. The Japanese chip leader also announced a 3-for-1 stock split and a buyback of up to ¥800 billion ($5 billion), taking action to broaden its shareholder base and reduce volatility. The memory chipmaker on Friday posted June-quarter operating income of ¥1.27 trillion, missing the average estimate of ¥1.37 trillion yen.
Kioxia Holdings Corp.’s (ORG) Japanese (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Kospi Has Bottomed On Insane Week: 3-Minutes MLIV

Jul 31st, 2026 Kospi Has Bottomed On Insane Week: 3-Minutes MLIV Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Jul 31st, 2026 Kospi Has Bottomed On Insane Week: 3-Minutes MLIV Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Bloomberg Markets 10m ago

Sony says it has secured enough ram for all the PS5s it expects to sell this year

Sony says it has secured enough ram for all the PS5s it expects to sell this year That's crucial considering that GTA 6 may cause a big bump in demand. Whenever computer or gaming hardware is discussed these days, the "Ramageddon" memory shortage is likely to come up. In its latest earnings report, Sony made specific mention of the issue in relation to its PS5 console as a way of assuring investors.

Engadget 10m ago

Fifa opens door to amending controversial stake sale plan

Football body reaffirms commitment to bringing in external investors despite widespread opposition

Financial Times 32m ago

Goldman Sachs ordered to pay banker £1.45 million for sacking during parental leave

Goldman Sachs ordered to pay banker £1.45 million for sacking during parental leave Goldman Sachs said it was a market leader in paid parental leave and encouraged all working parents - Bookmark - CommentsGo to comments A former Goldman Sachs senior officer has been awarded £1.45 million for sex discrimination and unfair dismissal after he was fired while on parental leave. Jonathan Reeves, a Goldman veteran who last worked for the bank in London, won the first part of his case two years ago...

The Independent UK 33m ago