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Seika (8061) · InitiativeAchieved

Share Consolidation and Reduction of the Trading Unit to 100 Shares

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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Share Consolidation and Changes in Trading UnitA theme 494 companies write about · 0 as a headwind · 62 as a tailwind
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  1. FY2018-Q2AchievedAnnual report

    「Accordingly, effective 1 October of the same year, the number of shares constituting one trading unit was changed from 1,000 shares to 100 shares, and a share consolidation was carried out at a ratio of 1 share for every 5 common shares.」

    The planned change from 1,000 shares to 100 shares per trading unit and the consolidation of 5 shares into 1 share were implemented on 1 October 2017.
  2. FY2018-Q1RestatedAnnual report

    「In connection with this, with 1 October of the same year as the effective date, the company will change the share unit from 1,000 shares to 100 shares and conduct a share consolidation at a ratio of 1 share for every 5 common shares.」

    Additional information reaffirmed the planned implementation on 1 October 2017 of the share consolidation and the change in the number of shares constituting one trading unit.
  3. FY2017First statedAnnual report

    「As a company listed on the Tokyo Stock Exchange, we respect the purpose of this initiative and have decided to change the number of shares constituting one trading unit, effective 1 October this year, from the current 1,000 shares to 100 shares. At the same time, to bring the investment unit for our shares within the level considered desirable by the stock exchange, between ¥50,000 and less than ¥500,000, we will consolidate 5 shares into 1 share.」

    Effective 1 October 2017, the Group decided to change the number of shares constituting one trading unit from 1,000 shares to 100 shares and consolidate 5 shares into 1 share to optimize the investment unit.
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Share Consolidation and Reduction of the Trading Unit to 100 Shares | SEIKA CORPORATION (8061) | Komori