Yamaha Motor Co., Ltd. passed a resolution at the Board of Directors Meeting on April 28, 2004 regarding a change in the number of shares per stock trading unit. Details are as follows. |
 |
1. |
Reason for the change: |
To increase the number of individual shareholders and improve the liquidity of the Company's stock. |
2. |
Details of the change: |
The number of shares per stock trading unit will change from 1,000 to 100. |
3. |
Scheduled date for change: |
August 2, 2004 (Monday) |
|
|
 |
Reference |
|
|
1. |
On August 2, 2004 (Monday), the stock trading unit for shares of Yamaha Motor Co., Ltd. on the Tokyo Stock Exchange will be changed from 1,000 to 100. |
2. |
Effective July 30, 2004 (Friday), the Company will deliver 100-share stock certificates to shareholders for every whole-number multiple of 100 shares held in stock certificates that are registered in the stock ledger and are of less volume than the minimum trading lot. |
3. |
Schedule for the change |
|
April 28, 2004(Wednesday) |
Board of Directors Meeting concerning the change in the number of shares per stock trading unit |
April 28, 2004(Wednesday) |
Notice to shareholders of the Board of Directors Meeting resolution |
April 29, 2004(Thursday) |
Public announcement of the Board of Directors Meeting resolution |
July 30, 2004(Friday) |
Notice sent to shareholders regarding new stock certificate exchange |
August 2, 2004(Monday) |
Change in the number of shares per stock trading unit takes effect; transactions using the new stock trading unit begin |
|
|
|
Back to