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Regal (7938) · InitiativeAchieved

Share Consolidation and Change in the Number of Shares per Unit

First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2018-Q2.

3entries
1years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018-Q12017: 32017
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  1. FY2018-Q2AchievedAnnual report

    「Effective 1 October 2017, the company consolidated its common shares at a ratio of 1 share for every 10 common shares. As a result, the number of issued shares decreased by 29,250,000 to 3,250,000. Effective 1 October 2017, the company also changed the trading unit from 1,000 shares to 100 shares.」

    The share consolidation and change in the trading unit were carried out on 1 October 2017, reducing the number of issued shares to 3,250,000.
  2. FY2018-Q1RestatedAnnual report

    「At the 185th annual general meeting of shareholders held on 28 June 2017, the company approved an amendment to its Articles of Incorporation to change the trading unit from 1,000 shares to 100 shares effective 1 October 2017, the effective date of the share consolidation. Following the share consolidation, the number of issued shares will decrease by 29,250,000 to 3,250,000.」

    The company reiterated the shareholder-approved terms of the share consolidation and change in the trading unit, including the effective date of 1 October 2017.
  3. FY2017First statedAnnual report

    「The company will change the trading unit for its common shares from 1,000 shares to 100 shares and carry out a share consolidation to adjust the investment unit to an appropriate level. Effective 1 October 2017, the company will consolidate the shares held by shareholders recorded on the final shareholder register as of 30 September of the same year at a ratio of 1 share for every 10 shares.」

    At the annual general meeting of shareholders, the company approved a plan to consolidate 10 shares into 1 share and change the trading unit from 1,000 shares to 100 shares effective 1 October 2017.
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Share Consolidation and Change in the Number of Shares per Unit | REGAL CORPORATION (7938) | Komori