Writeup (6580) · InitiativeAchieved
Lowering the Investment Unit and Expanding the Investor Base Through Stock Splits
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
2entries
1years
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
- FY2021AchievedAnnual report
「The Company conducted a stock split at a ratio of 2 shares for each 1 common share held by shareholders listed or recorded in the final shareholder register as of Wednesday, 31 March 2021.」
The 1-for-2 stock split was implemented on Thursday, 1 April 2021, completing the measures to lower the investment unit and expand the investor base. - FY2021-Q3First statedAnnual report
「The purpose of the stock split is to lower the amount per investment unit, create an environment in which investors can invest more easily and expand the investor base. The Company will split each common share held by shareholders listed or recorded in the final shareholder register as of 31 March 2021 into 2 shares. Effective date: 1 April 2021.」
At a board meeting held on 12 February 2021, the Company resolved to conduct a 1-for-2 stock split. The number of shares issued was expected to increase from 2,903,000 to 5,806,000, with the aim of lowering the investment unit and expanding the investor base.