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PGM Holdings KK Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2013

Tuesday, 19 Feb 2013 11:00pm EST 

PGM Holdings KK announced that it has decided to split one share of its stock into 100 shares, effective July 1, 2013. After the stock split, the total share outstanding will become 118,403,200. 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 4,160,000 shares to 416,000,000 shares. As a result, the Company has amended its year-end dividend forecast from JPY 1,000.00 per share, which was announced on February 7, 2013, to JPY 10.00 per share, for the year ending December 2013. 

Company Quote

18.0 +1.70%
2:00am EDT