TOKYO, Mar 18 (Pulse News Wire) – Ad-Sol Nissin Corporation (3837.T) resolved at its board meeting held on March 18, 2026 to cancel shares in accordance with Article 178 of the Companies Act. The cancellation is part of the company's shareholder return strategy aimed at enhancing per-share value.
Key details of the share cancellation include: - Type of shares being canceled: Ordinary shares - Total number of shares to be canceled: 600,000 - Proportion of outstanding shares prior to cancellation: 3.35% The scheduled cancellation date is set for March 31, 2026. This move underscores Ad-Sol Nissin’s commitment to improving shareholder returns through strategic actions such as share cancellations.
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