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Message Co Ltd to Split Stock; Announces Partial Change to Article of Incorporation of Authorized Share Number; Lowers Year-end Dividend Forecast for FY 2014

Monday, 29 Jul 2013 02:30am EDT 

Message Co Ltd announced that it has decided to split one share of its common stock into 100 shares, effective October 1, 2013. After the stock splitting, the total share outstanding will become 20,080,000. The Company has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article six, the Company will increase total number of authorized shares from 579,200 shares to 57,920,000 shares. The Company has lowered the year-end dividend forecast from JPY 4,500 per share to JPY 45 per share for the fiscal year ending March 2014. 

Company Quote

-15.0 -0.43%
30 Mar 2015