Delica Foods Holdings (3392) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2020-Q1. 1 of 2 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020-Q2.
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- FY2020-Q2AchievedAnnual report
「A 2-for-1 stock split was conducted effective 1 September 2019.」
The 2-for-1 stock split resolved in the previous quarter was conducted on 1 September 2019, bringing the total number of issued shares to 14,872,000. - FY2020-Q1First statedAnnual report
「The purpose is to lower the investment unit, or minimum investment amount, to make it easier to invest in the Company, thereby improving the liquidity of its shares and expanding its investor base.」
The Company resolved to conduct a 2-for-1 stock split of its common shares, with 31 August 2019 as the record date and 1 September 2019 as the effective date. The total number of issued shares after the stock split will be 14,872,000 shares.