Improving Liquidity and Broadening the Investor Base Through a Stock Split
First written in FY2020-Q1. 1 of 2 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020-Q2.
- FY2020-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors passed on 9 August 2019, the Company conducted a stock split effective 1 October 2019.」
The Company implemented, effective 1 October 2019, the stock split resolved on 9 August 2019, under which 1 share was split into 2 shares. The measure intended to improve liquidity and expand the investor base has been completed. - FY2020-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 9 August 2019, the Company resolved to conduct a stock split and partially amend its Articles of Incorporation. 1. Purpose of the stock split The purpose is to expand the investor base by increasing the liquidity of the Company's shares and creating an environment in which investors can invest more easily. (1) Method of the split With 30 September 2019 (Monday) as the record date, the Company's common shares held by shareholders listed or recorded in the final shareholder register on that date will be split at a ratio of 2 shares for every 1 share. Effective date: 1 October 2019 (Tuesday)」
At a meeting of the Board of Directors on 9 August 2019, the Company resolved to conduct a stock split in which 1 share would be split into 2 shares. The record date is 30 September 2019 and the effective date is 1 October 2019, with the split intended to increase share liquidity and expand the investor base.