Japan Logistic Systems Corp. (9060) · InitiativeAchieved
Share Consolidation and Change in the Number of Shares per Unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
2entries
1years
0from disclosures
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Share Consolidation and Change in Trading UnitA theme 653 companies write about · 0 as a headwind · 79 as a tailwind
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- FY2018-Q2AchievedAnnual report
「Effective 1 October 2017, the company consolidated the shares at a ratio of 1 share for every 10 shares, based on the number of shares held by shareholders listed or recorded in the final shareholder register as of 30 September 2017.」
The consolidation of 10 shares into 1 share took effect on 1 October 2017, completing the planned share consolidation. The number of shares per trading unit was also changed from 1,000 to 100. - FY2018-Q1First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this objective and will change the trading unit for our common shares from 1,000 shares to 100 shares, while taking into account the investment unit level considered desirable by the stock exchange, between ¥50,000 and ¥500,000, and conduct a share consolidation at a ratio of 1 share for every 10 common shares.」
The General Meeting of Shareholders approved a plan, effective 1 October 2017, to consolidate 10 common shares into 1 share and change the number of shares per trading unit from 1,000 to 100.