TOKYO, Apr 27 (Pulse News Wire) – Maxell,ltd. (6810.T) announced today that its board of directors has approved the cancellation of treasury shares pursuant to Article 178 of the Companies Act.
The cancellation targets all treasury shares acquired through the ToSTNeT-3 system on November 19, 2025. The total number of shares to be canceled represents approximately 0.41% of the outstanding shares prior to cancellation. Specifically, the company plans to cancel 2,400,000 ordinary shares.
The cancellation is scheduled to take place on May 29, 2026. Following the cancellation, the company's outstanding share count will stand at 583,600,000, while the remaining treasury shares will amount to 1,200,000. This adjustment reflects the company’s ongoing efforts to manage its capital structure efficiently.
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