Trenders (6069) · InitiativeAchieved
Lowering the investment unit and improving share liquidity through a stock split
First written in FY2019-Q1. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
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- FY2019-Q2AchievedAnnual report
「Effective 1 October 2018, the Company conducted a 2-for-1 stock split of its common shares, increasing the total number of shares issued by 3,721,800 shares.」
A stock split from 1 share to 2 shares, intended to lower the investment unit and improve liquidity, was conducted effective 1 October 2018. - FY2019-Q1First statedAnnual report
「To create an environment in which investors can invest more easily, the Company intends to lower the amount per investment unit, improve the liquidity of its shares, and broaden its investor base. As of 30 September 2018, the Company will conduct a 2-for-1 stock split of the common shares held by shareholders listed or recorded in the final shareholder register on that date. Effective date: 1 October 2018」
For the purposes of lowering the investment unit, improving share liquidity, and broadening the investor base, the Company has disclosed for the first time as a significant subsequent event a stock split from 1 share to 2 shares.