CAN DO CO LTD Announces Partial Change to Article of Incorporation of Authorized Share Number; Changes Dividend Forecast for FY 2013
CAN DO CO LTD announced that it has decided to split its common stock from one share into 100 shares, effective June 1, 2013. Following this, the Company has received approval from its Board of Directors to make partial change to its article of incorporation. Based on change to article six, the Company will change the number of its total shares to be possibly issued from 420,000 shares to 42,000,000 shares, effective June 1, 2013. At the same time, the Company will change its year-end dividend forecast from JPY 750 per share to JPY 7.50 per share, for the fiscal year ending November 2013.
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