NCL: ‘Company View Regarding Stock Trading Unit Reduction’

NintendObserverSo one minimum trading unit of Nintendo’s stock is currently worth roughly $50,000. We told them about the Wii U but they wouldn’t listen.

 

☆ NintendObs Event – Nintendo’s 2020 Annual General Meeting of Shareholders.

 

 

Company View Regarding Stock Trading Unit Reduction

 

June 29, 2020

 

Nintendo Co., Ltd. (the “Company”) believes reduction of the minimum trading unit of shares is one of the effective measures to expand the investor base and to enhance stock liquidity. However, there are arguments for and against the reduction among shareholders.

Therefore, taking into consideration collectively stock market trends, the level of the Company’s share price and the liquidity of the Company’s shares, among other factors, the Company will continue to carefully evaluate the feasibility of reduction.

 

Source: Nintendo JP.

 

 

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