Bestone.Com (6577) · InitiativeAchieved
Lowering the investment unit and expanding the shareholder base and liquidity through a stock split
First written in FY2019-Q1. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
2entries
2years
0from disclosures
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- FY2019-Q2AchievedAnnual report
「The company conducted a stock split at a ratio of 2 shares for every 1 common share effective 1 February 2019.」
The company stated that the previously announced 1-for-2 share split was implemented effective 1 February 2019. - FY2019-Q1First statedAnnual report
「1. Purpose of the share split The purpose is to create an environment that makes it easier for investors to invest by reducing the amount required per investment unit in the company's shares, while expanding the investor base and improving share liquidity. 2. Share split ratio and timing Effective 1 February 2019, the number of shares held by shareholders recorded in the shareholder registry as of 31 January 2019 will be split at a ratio of 2 shares for every 1 share.」
The company stated that the Board of Directors resolved to conduct a 1-for-2 share split on 1 February 2019 to reduce the investment unit, expand the investor base and improve share liquidity.