Bandai Namco Holdings Inc. [7832.T]
TOKYO, Apr 16 (Pulse News Wire) – Bandai Namco Holdings Inc. (7832.T) announced today that its board of directors resolved to cancel shares based on Article 178 of the Companies Act.
The cancellation involves 5,000,000 ordinary shares, representing 0.77% of the total outstanding shares prior to cancellation. The cancellation is scheduled for April 30, 2026. Following the cancellation, the total number of outstanding shares, including treasury shares, will be 645,000,000. Additionally, the number of remaining treasury shares will be 3,438,884.
This action aligns with the company's strategic objectives and regulatory requirements under the Companies Act. For further inquiries, interested parties may via telephone at 03-[NUM_6]-[NUM_7]. --- The decision to cancel shares reflects Bandai Namco Holdings' ongoing efforts to optimize capital structure and enhance shareholder value. With the cancellation set to take place on April 30, shareholders and investors should anticipate updates reflecting the changes in shareholding dynamics post-cancellation.
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