Source disclosure: March 06, 2026, 15:30 JST
Published by Pulse News Wire: March 06, 2026, 15:53 JST
Nippon Soda Co.,Ltd. [4041.T]
TOKYO, Mar 06 (Pulse News Wire) – Nippon Soda CO.,LTD. (4041.T) resolved today during its board meeting to cancel 1,493,200 shares of its common stock based on Article 178 of the Companies Act.
This cancellation represents 2.63% of the outstanding shares prior to the cancellation. The share cancellation is scheduled to take place on March 31, 2026.
Following the cancellation, the total number of outstanding shares will be 55,294,534, while the estimated number of treasury shares will be 1,610,482. It should be noted that the 82,548 shares held through the employee stock ownership plan (J-ESOP) trust are excluded from the calculation of treasury shares.
This action aligns with corporate governance regulations aimed at maintaining optimal capital structure and shareholder value.
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