Nsd (9759) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2020-Q2. 1 of 2 entries say "Achieved", first in FY2020-Q3. Latest entry: FY2020-Q3.
2entries
2years
0from disclosures
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Same theme, other companies
Stock SplitA theme 943 companies write about · 0 as a headwind · 932 as a tailwind
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Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 956 threads.Full recordFilings, disclosures and news, newest first
- FY2020-Q3AchievedAnnual report
「Effective 1 January 2020, a stock split was conducted at a ratio of 2 shares for every 1 common share. …Total number of shares issued after the stock split 92,344,320 shares」
The 1-for-2 stock split resolved in the previous quarter was conducted effective 1 January 2020. The measures to lower the investment unit value, improve liquidity and broaden the investor base have been implemented. - FY2020-Q2First statedAnnual report
「Purpose of the stock split The purpose is to lower the investment unit value of the company's shares, create an environment in which investors can invest more easily, improve share liquidity and broaden the investor base. …The company's common shares held by shareholders listed or recorded in the final shareholder registry as of 31 December 2019, the record date, will be split at a ratio of 2 shares for every 1 share. …Effective date: 1 January 2020」
The company resolved to conduct a 1-for-2 stock split effective 1 January 2020 to lower the investment unit value, improve share liquidity and broaden the investor base.