Cyberlinks (3683) · InitiativeAchieved
Reducing the Investment Unit Through a Share Split to Expand the Investor Base and Improve Liquidity
First written in FY2020-Q3. 1 of 2 entries say "Achieved", first in FY2021-Q1. Latest entry: FY2021-Q1.
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- FY2021-Q1AchievedAnnual report
「The company conducted a stock split at a ratio of 2 common shares for every 1 share effective 1 January 2021.」
The stock split from 1 share into 2 shares, with 31 December 2020 as the record date and 1 January 2021 as the effective date, was completed. - FY2020-Q3First statedAnnual report
「The stock split is intended to create an environment in which investors can invest more easily by reducing the amount required per investment unit, thereby expanding the investor base and improving the liquidity of the company’s shares. The company will split the common shares held by shareholders listed or recorded in the final shareholder register as of 31 December 2020, the record date, at a ratio of 2 shares for every 1 share. Effective date: 1 January 2021.」
The company resolved to split its common shares from 1 share into 2 shares, with 31 December 2020 as the record date and 1 January 2021 as the effective date. The objectives are to lower the investment unit, expand the investor base and improve share liquidity.