Toa (1885) · InitiativeAchieved
Lower investment unit and improved liquidity through a share split
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
2entries
1years
0from disclosures
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Stock SplitA theme 945 companies write about · 0 as a headwind · 934 as a tailwind
116 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 958 threads.Full recordFilings, disclosures and news, newest first
- FY2025-H1AchievedAnnual report
「Effective 1 April 2024, we conducted a 4-for-1 share split of our common shares.」
The 4-for-1 share split effective 1 April 2024 was completed. - FY2024-Q3First statedAnnual report
「The purpose of the share split is to lower the amount per investment unit, improve the liquidity of the Company’s shares and broaden its investor base. With 31 March 2024, a Sunday, as the record date, or effectively 29 March 2024, the Company will split each common share held by shareholders listed or recorded in the final shareholder register on that date into 4 shares. The effective date is 1 April 2024, a Monday.」
The Company resolved to conduct a 1-for-4 share split to lower the amount per investment unit, improve share liquidity and broaden its investor base.