Source disclosure: February 26, 2026, 15:30 JST
Nissan Chemical Corporation [4021.T]
TOKYO, Feb 26 (Pulse News Wire) – Nissan Chemical Corporation (4021.T) announced today that its board of directors, convened, resolved to cancel treasury shares pursuant to Article 178 of the Companies Act. According to the resolution, the company will cancel ordinary shares amounting to 1,000,000 shares, which represents 0.74% percent of the outstanding shares prior to cancellation.
The cancellation is scheduled to take place on March 12, 2026. Following the cancellation, the total number of outstanding shares, including treasury shares, will be 134,800,000 shares.
This decision reflects the company's ongoing efforts to optimize its capital structure and enhance shareholder value.
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