Axas Holdings (3536) · InitiativeAchieved
Securing stable shareholders through the disposal of parent company shares
First written in FY2017-Q1. 1 of 2 entries say "Achieved", first in FY2017-Q2. Latest entry: FY2017-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Secondary Offering to Unwind Cross-ShareholdingsA theme 3 companies write about · 0 as a headwind · 3 as a tailwind
0 other companies' latest entry also says "Achieved".
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- FY2017-Q2AchievedAnnual report
「Based on these resolutions of the Board of Directors, アクサス sold the 742,900 parent-company shares it held on 27 December 2016.」
The sale of 742,900 parent-company shares held by アクサス was executed to secure stable shareholders and increase the number of tradable shares. - FY2017-Q1First statedAnnual report
「We recognize securing stable shareholders who will hold their shares over the medium to long term as an important management issue in stabilizing the management of our group, and therefore decided to carry out this transaction.」
The subsidiary アクサス sold 742,900 parent-company shares it held, equivalent to 2.3% of total shares issued, in market transactions to The Shikoku Bank and The Awa Bank, with the aim of securing stable shareholders and increasing the number of tradable shares.