TOKYO, Mar 19 (Pulse News Wire) – CANON ELECTRONICS INC. (7739.T) announced plans to conduct a share consolidation that will result in the company's delisting from the Tokyo Stock Exchange.
The company will consolidate shares at a ratio of 122:1.
Shareholders holding fractional shares following the consolidation will receive ¥3,650 per pre-consolidation share.
An extraordinary general meeting of shareholders to approve the consolidation is scheduled for March 19, 2026.
The company's shares are expected to be delisted on April 21, 2026.
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