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Accordia Golf Co Ltd Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2014


Monday, 20 May 2013 03:00am EDT 

Accordia Golf Co Ltd announced that it has decided to split one share of its stock into 100 shares, effective October 1, 2013. After the stock split, the total share outstanding will become 105,398,700. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article five, the Company will increase total number of authorized shares from 3,990,000 shares to 399,000,000 shares. As a result, the Company has amended its year-end dividend forecast from JPY 5,600.00 per share to JPY 56.00 per share, for the fiscal year ending March 2014. 

Company Quote

1171.0
-22.0 -1.84%
16 Sep 2014