Zuiko (6279) · InitiativeAchieved
Expanding share liquidity and the investor base through a four-for-one share split
First written in FY2021-Q1. 1 of 2 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2021-Q2.
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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 956 threads.Full recordFilings, disclosures and news, newest first
- FY2021-Q2AchievedAnnual report
「Using 20 August 2020 as the record date, the Company conducted a stock split of the common shares held by shareholders recorded in the final shareholder register on that date at a ratio of 4 shares for every 1 share.」
The 1-for-4 stock split planned in the previous filing was carried out on 21 August 2020. The total number of issued shares increased from 7,200,000 to 28,800,000, completing the implementation of the objectives of improving liquidity and broadening the investor base by reducing the investment unit. - FY2021-Q1First statedAnnual report
「The share split is intended to improve the liquidity of our shares by lowering the investment unit price and to expand our investor base. With 20 August 2020 as the record date, each common share held by shareholders recorded in the final shareholder register on that date will be split into 4 shares.」
The filing describes a plan to split each common share into 4 shares, with 20 August 2020 as the record date and 21 August 2020 as the effective date. The purpose was to improve liquidity by lowering the investment unit price and expand the investor base.