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Billing System Corp Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2013

Thursday, 7 Mar 2013 01:30am EST 

Billing System Corp 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 1,550,300. 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 60,812 shares to 6,081,200 shares. As a result, the Company has amended its year-end dividend forecast from JPY 750.00 per share to JPY 7.5 per share, for the fiscal year ending December 2013. 

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