Idemitsu Kosan (5019) · InitiativeAchieved
Expanding the Investor Base Through a Share Split
First written in FY2024-Q2. 1 of 2 entries say "Achieved", first in FY2024-Q3. Latest entry: FY2024-Q3.
2entries
2years
0from disclosures
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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 964 threads.Full recordFilings, disclosures and news, newest first
- FY2024-Q3AchievedAnnual report
「Effective 1 January 2024, the Company conducted a stock split at a ratio of 5 shares for every 1 common share.」
A stock split aimed at expanding the investor base by lowering the investment unit was carried out effective 1 January 2024, increasing 1 share to 5 shares. - FY2024-Q2First statedAnnual report
「The purpose is to create an environment that makes it easier to invest in the Company's shares by reducing the amount per investment unit through a stock split, thereby expanding the investor base across a broader range of age groups to include investors who identify with the business activities and management strategy of the Company's group.」
Effective 1 January 2024, the Company conducted a five-for-one stock split of its common shares, and disclosed for the first time as a standalone topic a measure aimed at expanding its investor base by lowering the investment unit.