TOKYO, Mar 09 (Pulse News Wire) – JSP Corporation (7942.T) announced today that its board of directors, convened on March 09, 2026, resolved to cancel ordinary shares based on Article 178 of the Companies Act. The cancellation involves 5,206,400 shares, representing 16.57% of the outstanding shares prior to the cancellation.
Following the cancellation scheduled for [DATE_0], the number of treasury shares held by the company will drop to 0%, while the total number of outstanding shares will decrease to 26,207,073. Only 19 treasury shares will remain after the cancellation.
This action underscores JSP's strategic approach to managing its share structure and aligning with regulatory requirements.
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