NJ Holdings (9421) · InitiativeAchieved
Reducing the investment unit and improving liquidity through a share split
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2018-Q4. Latest entry: FY2018-Q4.
2entries
1years
0from disclosures
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- FY2018-Q4AchievedAnnual report
「Effective 1 April 2018, the company conducted a stock split at a ratio of 2 common shares for each common share.」
The company implemented a stock split from 1 share to 2 shares effective 1 April 2018, as a measure to lower the investment unit and improve liquidity. - FY2018First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily by lowering the investment amount per trading unit (100 shares) through a stock split, while also improving liquidity and expanding the investor base.」
The company split 1 share into 2 shares effective 1 April 2018, with the stated objectives of lowering the investment amount per trading unit, improving liquidity and expanding the investor base.