East Japan Railway Company (9020) · InitiativeAchieved
Reducing the Investment Unit and Broadening the Investor Base Through a Stock Split
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
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- FY2024AchievedAnnual report
「Effective date: 1 April 2024 (Monday)」
The Company conducted a 3-for-1 share split on 1 April 2024 to lower the investment unit amount and expand the investor base. - FY2024-Q3First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily and expand the investor base by lowering the amount per investment unit in the Company's shares. As the record date, 31 March 2024 (Sunday), effectively 29 March 2024 (Friday) because the shareholder registry administrator was closed on 31 March, the Company will conduct a 3-for-1 share split of the common shares held by shareholders recorded in the final shareholder register on that date. Effective date: 1 April 2024 (Monday)」
Following a resolution of the Board of Directors on 31 January 2024, the Company announced plans to conduct a 3-for-1 share split on 1 April 2024 to lower the investment unit amount and expand the investor base.