FreakOut Holdings (6094) · InitiativeAchieved
Lowering the Investment Unit through a Stock Split and Expanding the Investor Base
First written in FY2016-Q3. 1 of 2 entries say "Achieved", first in FY2016. Latest entry: FY2016.
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- FY2016AchievedAnnual report
「On 1 September 2016, the company conducted a 1-for-2 stock split of its common shares.」
The previously announced 1-for-2 stock split was carried out on 1 September 2016. - FY2016-Q3First statedAnnual report
「The purpose is to improve share liquidity and broaden the investor base by lowering the investment unit price. With 31 August 2016 as the record date, the company will split the common shares held by shareholders listed or recorded in the final shareholder register on that date at a ratio of 2 shares for every 1 share.」
A 1-for-2 stock split, with 1 September 2016 as the effective date, was approved for the purpose of improving liquidity and broadening the investor base.