Correc Holdings (6578) · InitiativeAchieved
Broadening the Investor Base and Enhancing Share Liquidity Through a Stock Split
First written in FY2019-Q3. 1 of 2 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020-Q1.
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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
- FY2020-Q1AchievedAnnual report
「On 1 March 2019, the Company conducted a stock split of its common shares at a ratio of 3 common shares for each common share.」
The 1-for-3 stock split approved in the previous quarter was implemented on 1 March 2019. No outcome was disclosed regarding the objectives of expanding the investor base or improving liquidity. - FY2019-Q3First statedAnnual report
「The purpose is to broaden our investor base and improve the liquidity of our shares by lowering the investment amount per trading unit. With 28 February 2019 as the record date, we will conduct a 3-for-1 stock split of the common shares held by shareholders listed or recorded in the final shareholder register on that date.」
The company resolved to conduct a 3-for-1 stock split, with 28 February 2019 as the record date and 1 March 2019 as the effective date, to lower the investment unit.