Jade Group (3558) · InitiativeAchieved
Improving Stock Liquidity and Broadening the Investor Base Through a Stock Split
First written in FY2018-Q3. 1 of 2 entries say "Achieved", first in FY2018. Latest entry: FY2018.
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- FY2018AchievedAnnual report
「With 28 February 2018 as the record date, the shares held by shareholders as of that date were split at a ratio of 2 shares for each share. Effective date: 1 March 2018.」
A 1-for-2 stock split was implemented on 1 March 2018, completing measures to improve liquidity and broaden the investor base by lowering the investment unit. - FY2018-Q3First statedAnnual report
「The Company plans to conduct a stock split to increase liquidity in its shares and further broaden its investor base by lowering the investment unit amount. Using 28 February 2018 as the record date, it will split the shares held by shareholders as of that date at a ratio of 2 shares for every 1 share.」
As a material subsequent event, it describes for the first time a 1-for-2 stock split intended to increase share liquidity and broaden the investor base by lowering the investment unit amount.