Candeal (1446) · InitiativeAchieved
Share Split to Lower the Investment Unit, Improve Liquidity and Expand the Investor Base
First written in FY2019-Q3. 1 of 2 entries say "Achieved", first in FY2019. Latest entry: FY2019.
2entries
1years
0from disclosures
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Stock SplitA theme 1081 companies write about · 0 as a headwind · 1070 as a tailwind
117 other companies' latest entry also says "Achieved".
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Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 1093 threads.Full recordFilings, disclosures and news, newest first
- FY2019AchievedAnnual report
「Effective 1 September 2019, the company conducted a stock split in the ratio of 2 shares for each common share.」
The stock split from 1 share into 2, resolved on 14 August 2019, was carried out on 1 September 2019, completing the measure to lower the investment unit. - FY2019-Q3First statedAnnual report
「The purpose is to improve the liquidity of the company's shares and broaden its investor base by conducting a stock split and lowering the value per investment unit of the company's shares. Effective as of 1 September 2019 (Sunday), the company will split each common share held by shareholders listed or recorded in the final shareholder register on 31 August 2019 (Saturday) into 2 shares. Effective date: 1 September 2019 (Sunday)」
At a board of directors meeting on 14 August 2019, the company resolved to conduct a stock split and, by splitting 1 share into 2, presented for the first time a plan to lower the investment unit and improve liquidity and broaden its investor base.