TOKYO, Apr 13 (Pulse News Wire) – NH Foods Ltd. (2282.T) announced today that its board of directors, held , resolved to cancel own shares based on Article 178 of the Companies Act.
The company plans to cancel ordinary shares amounting to 4,850,004. This represents 4.9% of the outstanding shares prior to cancellation. The total number of outstanding shares before cancellation was 99,095,004. Following the cancellation scheduled for April 30, 2026, the total number of outstanding shares will decrease to 94,245,000.
The proportion of own shares post-cancellation will be 0.1% of the total outstanding shares. As of March 31, 2026, the calculation is based on the current number of own shares. Additionally, the count includes 98,617 shares held by the trust established for executive compensation. This decision reflects NH Foods' ongoing efforts to manage its capital structure effectively.
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