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IFIS JAPAN LTD Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2013


Monday, 22 Apr 2013 02:00am EDT 

IFIS JAPAN LTD announced that it has decided to split one share of its stock into 200 shares, effective May 16, 2013. After the stock split, the total share outstanding will become 10,238,000. 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 169,600 shares to 33,920,000 shares. As a result, the Company has amended its year-end dividend forecast from JPY 800.00 per share, which was announced on January 31, 2013, to JPY 4.00 per share, for the fiscal year ending December 2013. 

Company Quote

357.0
-8.0 -2.19%
2:00am EDT