J-Stream (4308) · InitiativeAchieved
Lowering the Investment Unit and Expanding the Investor Base Through a Stock Split
First written in FY2022-Q1. 1 of 2 entries say "Achieved", first in FY2022-Q2. Latest entry: FY2022-Q2.
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- FY2022-Q2AchievedAnnual report
「The Company carried out a share split at a ratio of 2 shares for every 1 common share, effective 1 October 2021.」
The Company carried out a share split of 1 share into 2 shares, effective 1 October 2021, increasing the total number of issued shares from 14,028,700 to 28,057,400. - FY2022-Q1First statedAnnual report
「The objective is to improve share liquidity and broaden the investor base by reducing the investment unit amount. With 30 September 2021 as the record date, the Company will split its shares at a ratio of 2 shares for every 1 common share held by shareholders listed or recorded in the final shareholder register on that date.」
The Company resolved to split 1 common share into 2 shares, with 30 September 2021 as the record date and 1 October as the effective date. The stated objectives are to reduce the investment unit amount, improve share liquidity and broaden the investor base.