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Cts Co Ltd Announces Stock Split and Partial Change to Article of Incorporation; Reaffirms Mid-term Dividend Forecast and Amends Year-end Dividend Forecast for FY 2014


Thursday, 21 Nov 2013 01:30am EST 

Cts Co Ltd announced that it has decided to split one share of its stock into two shares, effective December 13, 2013. After the stock split, the total share outstanding will become 5,600,000. 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 9,504,000 shares to 19,000,000 shares. The Company has reaffirmed its mid-term dividend forecast of JPY 30.00 per share and amended its year-end dividend forecast from JPY 28.00 per share to JPY 14.00 per share, for the fiscal year ending March 2014. 

Company Quote

754.0
9.0 +1.21%
19 Dec 2014