Lead Real Estate Announces Special Cash Dividend
Ticker: LRE · Form: 6-K · Filed: Jun 20, 2024 · CIK: 1888980
| Field | Detail |
|---|---|
| Company | Lead Real Estate Co., Ltd (LRE) |
| Form Type | 6-K |
| Filed Date | Jun 20, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, shareholder-approval
TL;DR
LEAD REAL ESTATE is paying a special dividend, rate TBD by board, needs shareholder OK.
AI Summary
Lead Real Estate Co., Ltd announced on June 18, 2024, that it will issue a special cash dividend. The exact dividend rate will be determined by the board of directors and is subject to shareholder approval at the upcoming annual general meeting.
Why It Matters
This announcement indicates the company is returning capital to shareholders, which could be a positive sign of financial health and confidence in future performance.
Risk Assessment
Risk Level: low — The filing is a routine announcement of a dividend, with no immediate negative financial implications.
Key Players & Entities
- Lead Real Estate Co., Ltd (company) — Registrant
- June 18, 2024 (date) — Announcement date
FAQ
What is the purpose of this Form 6-K filing?
This Form 6-K is a Report of Foreign Private Issuer filed by Lead Real Estate Co., Ltd to announce a special cash dividend.
When was the special cash dividend announced?
The special cash dividend was announced on June 18, 2024.
Who determines the dividend rate?
The dividend rate will be determined by the board of directors of Lead Real Estate Co., Ltd.
What is required for the dividend to be approved?
The dividend is subject to shareholder approval at the Company's annual general meeting.
What is the principal executive office address of Lead Real Estate Co., Ltd?
The principal executive office is located at 6F, MFPR Shibuya Nanpeidai Building 16-11 Nampeidai-cho, Shibuya-ku, Tokyo, 150-0036, Japan.
Filing Stats: 234 words · 1 min read · ~1 pages · Grade level 13.7 · Accepted 2024-06-20 09:00:19
Filing Documents
- tm2417580d1_6k.htm (6-K) — 8KB
- 0001104659-24-073175.txt ( ) — 9KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Lead Real Estate Co., Ltd By: /s/ Eiji Nagahara Eiji Nagahara Representative Director, President, and Chief Executive Officer Date: June 20, 2024