Nkk Switches (6943) · InitiativeAchieved
Optimizing the Investment Unit Through a Share Consolidation and a Change in the Share Trading Unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
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Share Consolidation and Change in Trading UnitA theme 661 companies write about · 0 as a headwind · 79 as a tailwind
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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 664 threads.Full recordFilings, disclosures and news, newest first
- FY2018-Q2AchievedAnnual report
「The proposal was approved at the relevant general meeting of shareholders and took effect on 1 October 2017.」
The share consolidation and change in the number of shares in one share unit took effect on 1 October 2017. The number of shares in one share unit changed from 1,000 to 100, and 10 common shares were consolidated into 1 share. - FY2018-Q1First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the Company respects this policy and will change the trading unit for its common shares, namely the number of shares in one share unit, from the current 1,000 shares to 100 shares. In addition, taking into account the level of the investment unit considered desirable by the National Stock Exchanges, namely at least ¥50,000 and less than ¥500,000, the Company will conduct a share consolidation at a ratio of 1 share for every 10 common shares.」
In response to the policy of consolidating trading units, the Company has decided to change the number of shares in one share unit from 1,000 to 100 and consolidate 10 common shares into 1 share. The effective date is 1 October 2017.