Placo (6347) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2022-Q1. 1 of 2 entries say "Achieved", first in FY2022-Q2. Latest entry: FY2022-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 1130 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q2AchievedAnnual report
「Pursuant to a resolution at the board of directors meeting held on 24 May 2021, the company conducted a share split at a ratio of 3 shares for every 1 common share effective 1 July 2021. As a result, the total number of shares issued increased by 5,998,350 to 8,997,525.」
A share split at a ratio of 3 shares for every 1 share was conducted on 1 July 2021 to lower the investment unit, improve share liquidity and broaden the investor base, bringing the total number of shares issued to 8,997,525. - FY2022-Q1First statedAnnual report
「The purpose is to improve the liquidity of the company's shares and broaden its investor base by reducing the investment unit. Effective 1 July 2021, with 30 June 2021 as the record date, the company will conduct a share split at a ratio of 3 shares for every 1 common share held by shareholders listed or recorded in the final shareholder register on that date.」
The company disclosed plans to split 1 common share into 3 shares effective 1 July 2021, with the aim of lowering the investment unit, improving share liquidity and broadening its investor base.