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Arealink Co Ltd Announces Stock Split and Partial Change to Article of Incorporation of Authorized Share Number; Amends Year-end Dividend Forecast for FY 2013


Thursday, 28 Feb 2013 02:00am EST 

Arealink Co Ltd announced that it has decided to split one share of its stock into 100 shares, effective July 1, 2013. After the stock split, the total share outstanding will become 125,763,000. 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 3,576,000 shares to 357,600,000 shares. The Company also has amended its year-end dividend forecast from JPY 250.00 per share to JPY 2.50 per share, for the fiscal year ending December 2013. 

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