House Foods Group Inc. [2810.T]
TOKYO, May 11 (Pulse News Wire) – House Foods Group Inc. (2810.T) announced today that its board of directors, convened on May 11, resolved to cancel treasury shares pursuant to Article 178 of the Companies Act.
According to the resolution, the company plans to cancel ordinary shares amounting to 6,400,000. This represents 6.50% of the outstanding shares prior to cancellation. The cancellation is scheduled to take place on May 29, 2026.
Following the cancellation, the total number of outstanding shares will be 92,098,416, while the remaining self-held shares will stand at 918,227. These figures are based on the holdings as of March 31, 2026. It's worth noting that the aforementioned self-held shares do not include those held by the House Foods Group Head Office Employee Shareholding Trust (2026 fiscal year 343,700).
This action underscores the company’s ongoing efforts to manage its capital structure efficiently.
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