First Brothers (3454) · InitiativeAchieved
Lowering the Investment Unit Through a Stock Split, Improving Liquidity and Expanding the Investor Base
First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2017. Latest entry: FY2017.
2entries
2years
0from disclosures
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Stock SplitA theme 933 companies write about · 0 as a headwind · 922 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 946 threads.Full recordFilings, disclosures and news, newest first
- FY2017AchievedAnnual report
「The Company conducted a 2-for-1 stock split of its common shares effective 1 September 2017.」
A 1-for-2 stock split was carried out to reduce the investment amount per trading unit, improve liquidity and expand the investor base, and the measure was completed. - FY2017-Q3First statedAnnual report
「The purpose is to improve the liquidity of the Company's shares and expand its investor base by reducing the investment amount per trading unit through a stock split and creating an environment in which investors can invest more easily. The Company conducted a 2-for-1 stock split of its common shares effective 1 September 2017.」
The purpose of the 2-for-1 stock split effective 1 September 2017 was first disclosed as reducing the investment amount per trading unit, improving share liquidity and expanding the investor base.