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Faith Inc Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2014


Tuesday, 28 May 2013 03:00am EDT 

Faith Inc announced that it has decided to split one share of its stock into 10 shares, effective October 1, 2013. After the stock split, the total share outstanding will become 11,960,000. 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 1,990,000 shares to 19,900,000 shares. As a result, the Company has amended its year-end dividend forecast from JPY 50.00 per share to JPY 5.00 per share, for the fiscal year ending March 2014. 

Company Quote

1020.0
39.0 +3.98%
31 Oct 2014