Megachips to Cancel Own Shares Worth Over

TOKYO, Aug 06 (Pulse News Wire) – MegaChips Corporation (6875.T) announced plans to cancel own shares worth over . According to a resolution made during the board meeting held on February 06, 2026, the company decided to cancel ordinary shares amounting to 1,047,600.

This cancellation represents 5.5% of the outstanding shares prior to the cancellation. The cancellation is scheduled for August 25, 2026, reducing the total number of outstanding shares to 17,999,300.

This move follows previous cancellations detailed in the February 06, 2026, press release, which involved the cancellation of all self-acquired shares purchased through a board resolution on the same day. The company had previously stated that the exact cancellation date would be communicated once the acquisition was complete.

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