TOKYO, Mar 12 (Pulse News Wire) – Aida Engineering,ltd. (6118.T) announced today that its board of directors, convened, resolved to cancel treasury shares based on Article 178 of the Companies Act.
The company plans to cancel ordinary shares totaling 4,300,000. This represents 6.72% of the outstanding shares prior to cancellation. The cancellation is scheduled to take place on March 27, 2026.
Following the cancellation, the total number of outstanding shares of Aida Engineering,ltd. will be reduced to 59,662,021. This action aligns with the company's strategic objectives and regulatory requirements, ensuring compliance and optimizing capital structure.
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