Asaka Riken (5724) · InitiativeAchieved
Expanding the Investor Base and Improving Share Liquidity Through a Stock Split
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2021-Q1. Latest entry: FY2021-Q1.
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 958 threads.Full recordFilings, disclosures and news, newest first
- FY2021-Q1AchievedAnnual report
「Effective 1 February 2021, the Company conducted a share split at a ratio of 2 common shares for each 1 share.」
On 1 February 2021, the Company conducted a 2-for-1 share split to lower the investment unit price, broaden the investor base and improve share liquidity. - FY2020First statedAnnual report
「The purpose is to make the Company's shares more accessible to investors by lowering the investment unit price through a share split, thereby broadening the investor base and improving the liquidity of the Company's shares.」
The Company first disclosed a plan to split each common share into 2 shares, effective 1 February 2021, to lower the investment unit price, broaden the investor base and improve share liquidity.