TOKYO, Apr 22 (Pulse News Wire) – INFORICH INC. (9338.T) announced today that its board of directors has resolved to cancel shares based on Article 178 of the Companies Act (Law No.
86 of 2005). The cancellation is contingent upon approval during the extraordinary shareholders' meeting scheduled for May 26, 2026. The company plans to cancel 152 ordinary shares, representing approximately 0.00% of the total outstanding shares prior to cancellation.
As of March 31, 2026, the total number of issued shares, including treasury stocks, was 10,008,415. The share cancellation is set to take place on June 17, 2026. The decision follows the company's commitment to streamline its capital structure and improve shareholder value.
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