ARBEIT-TIMES CO.,LTD. [2341.T]
TOKYO, Apr 09 (Pulse News Wire) – Arbeit-times CO.,LTD. (2341.T) announced today that its board of directors, held on April 09, 2026, resolved to cancel own shares based on Article 178 of the Companies Act.
The decision aims to enhance shareholder returns and improve capital efficiency. According to the resolution, the company plans to cancel a total of 1,000,000 ordinary shares, representing 3.64% of the outstanding shares prior to cancellation. The cancellation is scheduled for April 17, 2026.
Following the cancellation, the total number of outstanding shares will be reduced to 26,437,249. Additionally, the remaining own shares will amount to 8,147,767. This move underscores the company's commitment to optimizing its capital structure and enhancing overall operational performance.
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