Edition:
United States

Tokyu Recreation Co Ltd (9631.T)

9631.T on Tokyo Stock Exchange

956JPY
22 Nov 2017
Change (% chg)

-- (--)
Prev Close
¥956
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
14,802
52-wk High
¥1,008
52-wk Low
¥786

Latest Key Developments (Source: Significant Developments)

Tokyu Recreation completes private placement of treasury stock
Thursday, 17 Mar 2016 02:00am EDT 

Tokyu Recreation Co Ltd:Distributes 200,000 shares of its treasury common stock at 850 yen per share through private placement to Tokyu Corporation, on March 17.Raises 2,226,350,600 yen in total through private placement.  Full Article

Tokyu announces result of takeover bid for shares of Tokyu Recreation and share purchase
Friday, 11 Mar 2016 01:00am EST 

Tokyu Corp:Says 5,869,534 shares of Tokyu Recreation Co Ltd were offered in a takeover bid by Tokyu Corp from Feb. 12 to March 10.Acquisition price at 850 yen per share.Commencement date of settlement on March 17.Says Tokyu Corp to raise voting power in Tokyu Recreation to 40.71 pct from 24.25 pct.To buy 2,619,236 shares (8.2 pct voting power) of Tokyu Recreation Co Ltd, from Tokyu Recreation Co Ltd, for 2,226,350,600 yen in total.To directly hold 48.91 pct voting power in Tokyu Recreation, and to hold 1.19 pct indirectly.  Full Article

Tokyu Recreation to issue year-end dividend for FY 2015
Friday, 26 Feb 2016 02:45am EST 

Tokyu Recreation Co Ltd:To issue a year-end dividend of 3 yen per share, for the FY ended Dec. 2015.Dividend issued to shareholders of record as of Dec. 31, 2015.Dividend payment date March 31.Says the dividend amount is in line with the latest forecast disclosed on Feb. 10.  Full Article

Tokyu to start TOB for shares of Tokyu Recreation Co., Ltd, buy shares and announces capital and business alliance agreement
Wednesday, 10 Feb 2016 01:15am EST 

Tokyu Corp:To start TOB for shares of Tokyu Recreation Co., Ltd(Target).Number of shares to be purchased will be limited to a maximum of 5,255,000 shares.Total number of shares that will be held by the company is 40.71 pct ownership after TOB.To underwrite addition of 2,619,236 shares (8.20 pct ownership) through disposition of the Target Treasury Stock.Shares price at 850 yen per share.Due date of payment is March 17.Two companies to gather know-how to make Shinjuku an important base that constitutes the circular trip network with Shibuya and Futako-Tamagawa, and to create a new form 8 of entertainment facilities in the redevelopment of the site of the former Shinjuku Tokyu Bunka Kaikan (Shinjuku TOKYU MILANO).The Company and the Target will secure a business base of the Target in Shibuya by strengthening the relationship between the two companies.  Full Article