NIHONWASOU HOLDINGS,INC. [2499.T]
TOKYO, Apr 22 (Pulse News Wire) – Nihonwasou Holdings,inc. (2499.T) resolved today to cancel its own shares based on Article 178 of the Companies Act.
The decision was made during a board meeting held on April 22. Under this resolution, the company will cancel ordinary shares amounting to 68,400. This represents 0.75% of the total outstanding shares prior to cancellation. The cancellation ratio has been rounded to the nearest thousandth place.
The share cancellation is scheduled to take place on June 30, 2026. Following the cancellation, the total number of outstanding shares of Nihonwasou Holdings,inc. will be reduced to 9,065,600. This action aligns with the provisions set forth in Article 178 of the Companies Act, aiming to streamline the company's capital structure.
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