TOKYO, May 12 (Pulse News Wire) – Daicel Corporation (4202.T) has decided to cancel its own shares based on Article 178 of the Companies Act. The resolution was made during today's board meeting.
Key details of the cancellation are as follows: - Type of shares to be canceled: Ordinary shares of Daicel Corporation - Number of shares to be canceled: 10.80 million shares - Proportion of total outstanding shares prior to cancellation: 4.05% The cancellation is scheduled to take place on May 21, 2026. Following the cancellation, the total number of outstanding shares of Daicel Corporation will be 256,142,682.
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