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XNET Corp Announces Partial Change to Article of Incorporation of Authorized Share Number; Amends Mid-year and Year-end Dividend Forecasts for FY 2014

Friday, 24 May 2013 12:00am EDT 

XNET Corp Billing announced that it has received approval from the shareholders meeting to make partial change to its article of incorporation on October 1, 2013. Based on change to article seven, the Company will increase total number of authorized shares from 164,768 shares to 16,476,800 shares. The Company also announced that it has reaffirmed the mid-year dividend forecast at JPY 2,800 per share, and lowered year-end dividend forecast from JPY 2,800 per share to JPY 28 per share, for the fiscal year ending March 2016. 

Company Quote

-6.0 -0.40%
1 May 2015