(1) A company may split shares by a resolution of a general meeting of shareholders under Article 434.
(2) In cases falling under paragraph (1), the par value per share after a split shall not be less than the amount under Article 329 (3). <Amended by Act No. 10600, Apr. 14, 2011>
(3) The provisions of Articles 440 through 443 shall apply mutatis mutandis to a share split under paragraph (1). <Amended by Act No. 12591, May 20, 2014>[This Article Newly Inserted by Act No. 5591, Dec. 28, 1998]