July 31, 2013
Company name: Fuji Heavy Industries Ltd.
Representative: Yasuyuki Yoshinaga, President and CEO
Code number: 7270 (First Section of Tokyo Stock Exchange)
Contact for inquiries; Kazunori Yamafuji
General Manager of Administration Department
Phone: (0)3-3347-2005
Change of Share Trading Unit Size and Amendment of the Articles of Incorporation
Fuji Heavy Industries Ltd. (FHI) has announced that, on July 31, 2013, the Board of Directors of FHI resolved to change the share trading unit size and to amend the articles of incorporation as follows.
1. Change of share trading unit size
(1) Recent situation about share trading unit size and reason for the change
The share trading unit size was reduced in accordance with the recommendation for a uniform share trading unit size of 100 shares per trading unit of shares of common stock pursuant to the Action Plan for Consolidating Trading Units at all securities exchanges in Japan, with a view to enhancing the investment environment for investors by raising the liquidity and broadening the investor base for the shares of FHI.
(2) Details of the change
The share trading unit size will be changed from 1,000 shares to 100 shares.
(3) Prospective effective date of the change
October 1, 2013
Supplementary information: | The share trading unit size on the Tokyo Stock Exchange will also be changed to 100 shares effective October 1, 2013. |
2. Amendment to the articles of incorporation
(1) Reason for the amendment
Due to the change in the share trading unit size described above.
(2) Details of the amendment
As stated below.
(Underlining signifies changed text.)
Current articles of incorporation | After amendment | ||||
---|---|---|---|---|---|
Chapter 2, Shares (Number of Shares in Unit Share)
(New) |
Chapter 2, Shares (Number of Shares in Unit Share)
Supplementary provisions The amendment of Article 8 takes effect as of October 1, 2013, whereupon this supplementary provision is extinguished. |
End.