Kobe Electric Railway (9046) · InitiativeAchieved
Share Consolidation and Change in the Trading Unit
First written in FY2018-Q2. 1 of 2 entries say "Achieved", first in FY2018-Q3. Latest entry: FY2018-Q3.
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Share Consolidation and Changes in Share UnitsA theme 523 companies write about · 0 as a headwind · 66 as a tailwind
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- FY2018-Q3AchievedAnnual report
「Effective 1 October 2017, the Company consolidated common shares at a ratio of 1 share for every 10 shares.」
The share consolidation previously presented as a plan had been completed effective 1 October 2017. - FY2018-Q2First statedAnnual report
「Accordingly, effective 1 October 2017, the Company changed the number of shares constituting one share unit from 1,000 to 100, carried out a share consolidation on the same date at a ratio of 10 common shares to 1 share, and changed the total number of authorised shares from 160,000,000 to 16,000,000.」
Following approval at the General Meeting of Shareholders, the Company disclosed plans to change the number of shares constituting one share unit from 1,000 to 100 and consolidate common shares from 10 shares to 1 share, effective 1 October 2017.