Global Style (7126) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2023-Q1. 1 of 2 entries say "Achieved", first in FY2023-Q2. Latest entry: FY2023-Q2.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Stock splitA theme 933 companies write about · 0 as a headwind · 922 as a tailwind
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 946 threads.Full recordFilings, disclosures and news, newest first
- FY2023-Q2AchievedAnnual report
「The share split was carried out at a ratio of 2 shares for each share held by shareholders recorded in the final shareholder register as of 31 January 2023 (Tuesday), the record date.」
On 1 February 2023, the Company conducted a 1-for-2 share split, increasing the total number of issued shares from 1,751,372 to 3,502,744. The objectives were to lower the investment unit, improve share liquidity and expand the investor base. - FY2023-Q1First statedAnnual report
「The purpose is to lower the value per investment unit through a share split, thereby improving the liquidity of the Company’s shares and expanding its investor base. With 31 January 2023 (Tuesday) as the record date, each share held by shareholders recorded in the final shareholder register on that date will be split into 2 shares.」
The Board of Directors approved a plan on 13 December 2022 to conduct a 1-for-2 share split, with the objectives of lowering the investment unit, improving share liquidity and expanding the investor base. The record date is scheduled for 31 January 2023 and the effective date for 1 February 2023.