KIOXIA is trading 4.2% up at ¥54,300 as investors continue to react to a trifecta of positive catalysts including strong Q1 FY2026 results and major capital return initiatives.
- The company announced a massive ¥800 billion share buyback program and a 3-for-1 stock split, significantly boosting shareholder sentiment.
- Bullish momentum is being reinforced by a broader rally in memory chip names driven by AI demand and the introduction of a new High Bandwidth Flash standard.