Mitsui O.S.K.Lines (9104) · InitiativeAchieved
Change to 100 shares per trading unit and 10-for-1 share consolidation
First written in FY2018-Q2. 1 of 2 entries say "Achieved", first in FY2018-Q3. Latest entry: FY2018-Q3.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Share Consolidation and Change in Number of Shares per Trading UnitA theme 551 companies write about · 0 as a headwind · 67 as a tailwind
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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 554 threads.Full recordFilings, disclosures and news, newest first
- FY2018-Q3AchievedAnnual report
「Effective 1 October 2017, a share consolidation was carried out at a ratio of 1 share for every 10 common shares, reducing the total number of shares issued by 1,085,657 thousand shares to 120,628 thousand shares.」
The planned 10-for-1 share consolidation was carried out on 1 October 2017, bringing the total number of shares issued to 120,628 thousand. The trading unit had also been changed from 1,000 shares to 100 shares. - FY2018-Q2First statedAnnual report
「Effective 1 October 2017, we changed the number of shares constituting one trading unit of our stock from 1,000 shares to 100 shares. In conjunction with this change, we consolidated our common shares at a ratio of 10 shares to 1 in order to minimize the impact on shareholders' rights after the change in the trading unit.」
To align with the nationwide standardization of trading units at 100 shares, the number of shares constituting one trading unit was changed from 1,000 to 100 on 1 October 2017, and 10 common shares were consolidated into 1 share.