Source disclosure: January 30, 2026
HIMACS,Ltd. [4299.T]
TOKYO, Jan 30 (Pulse News Wire) – Himacs,ltd. (4299.T) announced today that its board of directors, held , resolved to cancel shares based on Article 178 of the Companies Act.
The cancellation aims to reduce future dilution concerns among shareholders. According to the resolution, HIMACS plans to cancel a portion of its treasury shares.
Key details include: - Type of shares to be canceled: Ordinary shares - Total number of shares to be canceled: 1,412,992 shares (representing 11.4% percent of the outstanding shares prior to cancellation) - Scheduled cancellation date: February 27, 2026 Following the cancellation, the total number of outstanding shares will be reduced to 11,000,000 shares. This move reflects HIMACS's strategic approach to managing capital flexibility while addressing shareholder concerns related to potential share dilution.
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