Fuji Seal International (7864) · InitiativeAchieved
Lowering the Investment Unit and Increasing Liquidity and the Investor Base Through a Share Split
First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2017. Latest entry: FY2017.
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- FY2017AchievedAnnual report
「Effective 1 January 2017, the Company conducted a stock split at a ratio of 2 shares for each 1 common share.」
The annual report confirms that a stock split changing 1 share into 2 shares was completed effective 1 January 2017. - FY2017-Q3First statedAnnual report
「Based on a resolution of the Board of Directors dated 8 December 2016, the Company conducted a 2-for-1 stock split effective 1 January 2017. The purpose was to improve liquidity and expand the investor base by lowering the investment unit amount for the Company’s shares. 2 shares for each 1 common share」
A resolution was passed to split each 1 share into 2 shares, with the objectives of lowering the investment unit amount, improving share liquidity and expanding the investor base.