TOKYO, Apr 08 (Pulse News Wire) – GFOOT CO.,LTD. (2686.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 371:529.
Shareholders holding fractional shares following the consolidation will receive ¥265 per pre-consolidation share.
An extraordinary general meeting of shareholders to approve the consolidation is scheduled for February 28, 2026.
The company's shares are expected to be delisted on June 23, 2026.
The consolidation follows the completion of a tender offer by 26,350,620.
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