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Psc Inc Announces Partial Change to Article of Incorporation of Authorized Share Number; Lowers Year-end Dividend Forecast for FY 2012
Psc Inc announced that it has received approval from its Board of Directors to make partial change to its article of incorporation on October 1, 2012. Based on change to article six, the Company will increase the number of its total number of authorized shares from 6,528,000 shares to 13,056,000 shares. Due to this development, the Company has lowered dividend forecast from JPY 12 per share, disclosed on February 14, 2012, to JPY 6 per share, for the fiscal year ending December 2012.
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