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Imperial Hotel Ltd Announces Stock Split and Partial Change to Article of Incorporation; Reaffirms Mid-term Dividend Forecast and Amends Year-end Dividend Forecast for FY 2014


Friday, 26 Jul 2013 01:00am EDT 

Imperial Hotel Ltd announced that it has decided to split one share of its stock into two shares, effective October 1, 2013. After the stock split, the total share outstanding will become 59,400,000. 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 96,000,000 shares to 192,000,000 shares. The Company also has reaffirmed its mid-term dividend forecast of JPY 12.00 per share and amended its year-end dividend forecast from JPY 12.00 per share to JPY 6.00 per share, for the fiscal year ending March 2014. 

Company Quote

2609.0
-35.0 -1.32%
1 May 2015