Source disclosure: February 09, 2026
NICHIAS CORPORATION [5393.T]
TOKYO, Feb 09 (Pulse News Wire) – NichiAs Corporation (5393.T) announced today that its board of directors, held on February 09, 2026, resolved to cancel shares according to Article 178 of the Companies Act. The cancellation involves 4,150,000 ordinary shares, representing 6.12% percent of the outstanding shares prior to cancellation.
The scheduled cancellation date is set for February 27, 2026. Following the cancellation, the total number of outstanding shares will be reduced to 63,661,917 shares.
This action aligns with corporate governance regulations aimed at maintaining shareholder value and optimizing capital structure.
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