TOKYO, May 29 (Pulse News Wire) – Monotaro CO.,LTD. (3064.T) announced today that its board of directors, convened , resolved to cancel own shares based on Article 178 of the Companies Act.
The cancellation involves the total number of ordinary shares, which represents a certain percentage of the outstanding shares prior to cancellation. The exact percentage is detailed in the company's filing but was not specified in the provided text. The cancellation is scheduled for June 5, 2026.
Following the cancellation, the company’s outstanding ordinary share count, inclusive of own shares, will stand at 496,153,600. It should be noted that this figure is calculated based on the outstanding share count as of April 30, 2026. This move reflects MonotaRO's ongoing efforts to manage its capital structure efficiently.
Further details on the impact of this decision will be available in subsequent filings.
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