Amazia (4424) · InitiativeAchieved
Lowering the Minimum Investment Amount and Improving Share Liquidity Through a Share Split
First written in FY2020-Q1. 1 of 2 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020-Q2.
2entries
1years
0from disclosures
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Stock SplitA theme 943 companies write about · 0 as a headwind · 932 as a tailwind
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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 956 threads.Full recordFilings, disclosures and news, newest first
- FY2020-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 14 February 2020, the Company carried out a stock split effective 1 April 2020.」
A stock split from 1 share to 2 shares was carried out effective 1 April 2020, completing the measure intended to lower the investment unit price. - FY2020-Q1First statedAnnual report
「The purpose is to create an environment that makes investment easier by lowering the amount required to invest in the Company's shares, thereby improving share liquidity and expanding the investor base. With 31 March 2020 as the record date, each share of common stock held by shareholders listed or recorded in the final shareholder register on that date will be split into 2 shares.」
The Company first reported its policy, resolved at a Board of Directors meeting held on 14 February 2020, of lowering the investment unit price by splitting 1 share into 2 shares to improve share liquidity and expand the investor base.