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Financial Products Group Co Ltd Announces Stock Split; Reaffirms Mid-term Dividend Forecast and Amends Year-end Dividend Forecast for FY 2013

Tuesday, 30 Apr 2013 02:15am EDT 

Financial Products Group Co Ltd announced that it has decided to split one share of its stock into three shares, effective June 1, 2013. After the stock split, the total share outstanding will become 25,585,200. 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 24,000,000 shares to 72,000,000 shares. As a result, the Company reaffirmed its mid-term dividend forecast of JPY 5.00 per share and amended its year-end dividend forecast from JPY 32.00 per share to JPY 10.67 per share, for the fiscal year ending September 2013. 

Company Quote

-69.0 -5.20%
2:00am EDT