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NISSO PRONITY CO LTD Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Lowers Year-end Dividend Forecast for FY 2013


Wednesday, 16 Jan 2013 01:30am EST 

NISSO PRONITY CO LTD announced that it has decided to split one share of its stock into 200 shares, effective March 1, 2013. After the stock split, the total share outstanding will become 1,680,000. 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 24,000 shares to 4,800,000 shares. The Company also has lowered its year-end dividend forecast from JPY 1,500.00 per share to JPY 7.50 per share, for the fiscal year ending August 2013. 

Company Quote

695.0
-15.0 -2.11%
19 Dec 2014