Jmdc (4483) · InitiativeAchieved
Lowering the Minimum Investment Unit and Improving Liquidity through a Stock Split
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2021-Q2.
2entries
1years
0from disclosures
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Stock SplitA theme 934 companies write about · 0 as a headwind · 923 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 947 threads.Full recordFilings, disclosures and news, newest first
- FY2021-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 17 June 2020, we conducted a stock split effective 1 October 2020.」
Effective 1 October 2020, each common share was split into 2 shares, increasing the total number of issued shares from 25,975,042 to 51,950,084. The planned stock split to lower the investment unit price and improve liquidity was carried out. - FY2020First statedAnnual report
「This stock split is intended to lower the investment unit price of our shares, broaden the investor base and increase share liquidity.」
A 2-for-1 stock split, effective 1 October 2020, was approved with the aim of broadening the investor base and improving liquidity.