TOKYO, Mar 24 (Pulse News Wire) – Megmilk Snow Brand CO.,LTD. (2270.T) resolved today during its board meeting to cancel treasury shares based on Article 178 of the Companies Act.
The cancellation involves shares acquired between May 15, 2025, and March 13, 2026. The total number of shares to be canceled is 6,916,400. This represents 9.8% of the outstanding shares prior to cancellation.
The cancellation is scheduled for March 31, 2026. Following the cancellation, the total number of outstanding shares will be 63,835,455. This decision aligns with the company's ongoing efforts to manage its capital structure efficiently.
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