and factory,inc (7035) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2019-Q3. 1 of 2 entries say "Achieved", first in FY2019. Latest entry: FY2019.
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- FY2019AchievedAnnual report
「On 1 August 2019, the Company conducted a stock split at a ratio of 2 shares for every 1 common share.」
As planned in July 2019, a stock split from 1 share into 2 shares was implemented on 1 August 2019. - FY2019-Q3First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily by reducing the amount per investment unit through a stock split, thereby broadening the investor base and improving the liquidity of the Company's shares. The Company's common shares held by shareholders listed or recorded in the final shareholder registry as of Wednesday, 31 July 2019, will be split at a ratio of 2 shares for every 1 share. Effective date: Thursday, 1 August 2019」
A plan to split 1 share into 2 shares was described, with the aim of reducing the investment unit, broadening the investor base and improving share liquidity.