Seven & i Holdings (3382) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
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- FY2024AchievedAnnual report
「We conducted a 3-for-1 stock split of common shares, effective 1 March 2024.」
A 3-for-1 stock split was implemented on 1 March 2024 to lower the investment unit and improve liquidity. - FY2024-Q3First statedAnnual report
「The purpose is to create an environment in which investors, including individual investors, can invest more easily by lowering the amount per investment unit of our common shares, thereby improving the liquidity of our shares and further broadening our investor base.」
We resolved to split each common share into 3 shares, effective 1 March 2024. The total number of issued shares is expected to increase from 886,441,983 to 2,659,325,949, with the aim of lowering the investment unit and improving liquidity.