BayCurrent (6532) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2023-Q2. 1 of 2 entries say "Achieved", first in FY2023-Q3. Latest entry: FY2023-Q3.
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 956 threads.Full recordFilings, disclosures and news, newest first
- FY2023-Q3AchievedAnnual report
「Effective 1 November 2022, the company conducted a stock split at a ratio of 10 shares for every 1 common share.」
The 1-for-10 stock split resolved for the purpose of lowering the investment unit, improving share liquidity and broadening the investor base was implemented effective 1 November 2022. - FY2023-Q2First statedAnnual report
「The purpose is to improve the liquidity of the company’s shares and broaden its investor base by lowering the investment unit. With 31 October 2022 as the record date, the company will conduct a stock split at a ratio of 10 shares for every 1 common share held by shareholders listed or recorded in the final shareholder register on that date.」
At a board meeting held on 21 September 2022, the company resolved to conduct a 10-for-1 stock split to lower the investment unit, improve share liquidity and broaden its investor base. The record date is 31 October 2022, and the effective date is 1 November 2022.