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DR.CI:Labo Co Ltd to Split Stock; Announces Partial Change to Article of Incorporation; Announced Year-end Dividend Payment for FY 2013; Lowers Year-end Dividend Forecast for FY 2014

Thursday, 19 Sep 2013 02:00am EDT 

DR.CI:Labo Co Ltd announced that it has decided to split one share of its common stock into 100 shares, effective February 1, 2014. After the stock splitting, the total share outstanding will become 25,427,300. 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 982,400 shares to 98,240,000 shares. The Company has decided to pay a year-end dividend of JPY 8,000.00 per share, in line with the last forecast, to all shareholders of record as of July 31, 2013, for the fiscal year ended July 31, 2013. The payment will be conducted on October 23, 2013. The Company has lowered the year-end dividend forecast from JPY 8,100 per share to JPY 81 per share for the fiscal year ending July 2014, due to the stock splitting. 

Company Quote

25.0 +0.62%
26 Dec 2014