NANSO Transport (9034) · InitiativeAchieved
Reducing the investment unit, improving liquidity and broadening the investor base through a stock split
First written in FY2024-Q2. 1 of 2 entries say "Achieved", first in FY2024-Q3. Latest entry: FY2024-Q3.
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- FY2024-Q3AchievedAnnual report
「The Company conducted a stock split of its common shares at a ratio of 2 shares for every 1 share, effective 1 January 2024.」
The Company conducted a stock split on 1 January 2024 to lower the investment unit and improve liquidity and broaden its investor base. - FY2024-Q2First statedAnnual report
「The purpose is to improve the liquidity of the Company's shares and broaden its investor base by lowering the amount required for one investment unit in the Company's shares.」
The Company plans to conduct a 2-for-1 stock split of its common shares, with 31 December 2023 as the record date and 1 January 2024 as the effective date. The number of issued shares is expected to increase from 5 million to 10 million.