Global Markets
Kioxia (285A JT) Q1 (JPY): Net Profit 842.17bln (exp. 973.6bln), Revenue 1.77tln (prev. 342.8bln Y/Y), guides Q2 Operating Profit 1.89tln (exp. 1.95tln). Announces a 3-for-1 stock split and announces a JPY 800bln share buyback
StockNow breaking-news AI analysis
Kioxia reported Q1 profits and Q2 guidance below estimates but announced a JPY 800bn buyback and a 3-for-1 stock split to stabilize its volatile share price.
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