TOKYO, May 25 (Pulse News Wire) – Eidai CO.,LTD. (7822.T) extended its share buyout defense strategy until its next annual meeting scheduled for June May 25, 2026.
The board approved the renewal unanimously, respecting recommendations from independent directors based on the company's governance principles. Under the updated plan, significant shareholders seeking to acquire more than June 27, 2008% of shares must adhere to strict procedures, including submitting detailed information and undergoing a review process lasting up to 90 days.
Independent advisors will assess proposals to ensure alignment with shareholder interests. The company emphasized maintaining fair trading conditions while protecting long-term value and stakeholder benefits.
It also highlighted ongoing efforts to enhance product development, sales strategies, and sustainable operations across its three main businesses.
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