Hurxley Holdings (7561) · InitiativeAchieved
Lowering the Investment Unit and Expanding the Investor Base through a Stock Split
First written in FY2022-Q1. 1 of 2 entries say "Achieved", first in FY2022-Q2. Latest entry: FY2022-Q2.
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- FY2022-Q2AchievedAnnual report
「Effective 1 October 2021, the company conducted a stock split at a ratio of 2 shares for each common share.」
A 1-for-2 stock split was conducted effective 1 October 2021 to lower the investment unit, improve share liquidity, and broaden the investor base. - FY2022-Q1First statedAnnual report
「The purpose is to lower the investment amount per unit of the company’s shares, improve share liquidity, create an environment in which investors can invest more easily, and broaden the investor base. Accordingly, with 30 September 2021 as the record date, the company will split the common shares held by shareholders listed or recorded in the final shareholder register on that date at a ratio of 2 shares for each share.」
The company resolved to conduct a 1-for-2 stock split, with 30 September 2021 as the record date, to lower the investment unit and improve share liquidity and broaden the investor base.