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Neos Corp 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 02:00am EDT 

Neos Corp announced that it has decided to split one share of its common stock into 100 shares, effective September 1, 2013. After the stock splitting, the total share outstanding will become 7,771,200. 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 240,000 shares to 24,000,000 shares. The Company has lowered the year-end dividend forecast from JPY 450 per share to JPY 4.50 per share for the fiscal year ending February 2014. 

Company Quote

697.0
30.0 +4.50%
26 Dec 2014