Paltac to Delist Shares Following Parent Company's Buyout Decision
TOKYO, Aug 07 (Pulse News Wire) – PALTAC Corporation (8283.T) announced that its shares will be delisted effective August 10, 2026, following approval by the board of directors on July 15, 2026, for a share repurchase request made by its parent company, Medipal Holdings Co., Ltd. The decision adheres to the Tokyo Stock Exchange’s delisting criteria.
Details of the buyout process were previously disclosed on July 15, 2026. Since its listing, PALTAC has received significant support from shareholders and stakeholders, which the company deeply appreciates.
Moving forward, PALTAC remains committed to its mission of supporting consumers' daily lives through intermediary distribution of essential goods. As a wholly-owned subsidiary of Medipal Holdings, PALTAC plans to enhance collaboration within the group and continue striving to create new value in society.
