TOKYO, May 15 (Pulse News Wire) – Mixi,inc. (2121.T) announced today that its board of directors decided during their meeting held , to cancel treasury shares based on Article 178 of the Companies Act.
According to the decision, the company will cancel ordinary shares amounting to 2,800,000. This represents 3.93% of the total outstanding shares prior to cancellation. The cancellation is scheduled to take place on May 29, 2026.
Following the cancellation, the total number of outstanding shares will be reduced to 68,530,850. Additionally, the remaining number of treasury shares will stand at 3,424,404. This move reflects MIXI's ongoing efforts to manage its capital structure efficiently and align with strategic objectives.
Further details on the implications of this action will be available in subsequent filings.
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