Bull-Dog Sauce (2804) · InitiativeAchieved
Expanding the Investor Base and Improving Liquidity by Lowering the Investment Unit Through a Stock Split
First written in FY2020-Q1. 1 of 2 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020-Q2.
2entries
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118 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 1009 threads.Full recordFilings, disclosures and news, newest first
- FY2020-Q2AchievedAnnual report
「Effective 1 August 2019, the Company conducted a stock split at a ratio of 2 shares for each common share. The number of issued shares increased by 6,977,440 to 13,954,880.」
A 2-for-1 stock split aimed at lowering the investment unit, improving share liquidity and broadening the investor base was implemented effective 1 August 2019, bringing the number of issued shares to 13,954,880. - FY2020-Q1First statedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 14 June 2019, the Company conducted a stock split effective 1 August 2019 as follows. (1) Purpose of the stock split: The split was conducted to lower the investment unit, or minimum investment amount, thereby making it easier to invest in the Company, improving the liquidity of its shares and broadening its investor base.」
The Company has decided to split each common share into 2 shares, with 1 August 2019 as the effective date. The number of issued shares is expected to increase from 6,977,440 to 13,954,880.