Sms (2175) · InitiativeAchieved
Lowering the investment unit and broadening the investor base through a stock split
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019-Q1.
2entries
1years
0from disclosures
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Stock SplitA theme 943 companies write about · 0 as a headwind · 932 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 956 threads.Full recordFilings, disclosures and news, newest first
- FY2019-Q1AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 23 May 2018, the Company conducted a stock split effective 1 July 2018.」
Effective 1 July 2018, the Company conducted a 2-for-1 stock split of its common shares to lower the investment unit and broaden the investor base. - FY2018First statedAnnual report
「The purpose is to lower the amount required for an investment unit in the Company's shares and broaden the investor base. With 30 June 2018 as the record date, the Company will conduct a 2-for-1 stock split of the common shares held by shareholders listed or recorded in the final shareholder registry on that date.」
The Company resolved to conduct a 1-for-2 stock split with 1 July 2018 as the effective date, with the aim of lowering the investment unit and broadening the investor base.