Sundrug (9989) · InitiativeCited as achieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2017. 2 of 3 entries say "Cited as achieved", first in FY2018. Latest entry: FY2019.
3entries
3years
0from disclosures
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Same theme, other companies
Share SplitA theme 1118 companies write about · 0 as a headwind · 1106 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 1130 threads.Full recordFilings, disclosures and news, newest first
- FY2019Cited as achievedAnnual report
「Effective 1 April 2017, the company conducted a 2-for-1 stock split of its common shares.」
The stock split conducted on 1 April 2017 continues to be reflected as an assumption for the number of shares and per-share indicators in the current fiscal year. - FY2018Cited as achievedAnnual report
「Effective 1 April 2017, the company conducted a 2-for-1 stock split of its common shares.」
The 2-for-1 stock split conducted in the previous fiscal year continues to be reflected as an assumption for the number of shares outstanding and per-share indicators in the current fiscal year. - FY2017First statedAnnual report
「The stock split was carried out to reduce the investment amount per trading unit and thereby improve the liquidity of the Company's shares and expand its investor base, creating an environment in which investors can invest more easily.」
Effective 1 April 2017, the company split each share into 2 shares to reduce the investment unit, improve share liquidity and expand its investor base.