A&A Material Corporation [5391.T]
TOKYO, May 22 (Pulse News Wire) – A&A Material Corporation (5391.T) announced today that its board of directors, held on May 22, resolved to cancel own shares based on Article 178 of the Companies Act. According to the resolution, the company will cancel ordinary shares totaling 850,000 (representing 10.9% of the outstanding shares prior to cancellation).
The cancellation is scheduled for June 01, 2026. Following the cancellation, the total number of outstanding shares will be 6,928,000.
This decision aligns with the provisions outlined in Article 178 of the Companies Act, aimed at managing the company's share structure effectively. For further inquiries, interested parties should.
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