TOKYO, Apr 28 (Pulse News Wire) – Plant CO.,LTD. (7646.T) announced today that its board of directors has resolved to cancel shares based on Article 178 of the Companies Act.
According to the resolution: 1. Type of shares to be canceled: Ordinary shares of Plant CO.,LTD. 2. Total number of shares to be canceled: 247,000 (representing 3.20% of the total outstanding shares prior to cancellation).
3. Scheduled cancellation date: May 12, 2026. Following the cancellation, the total number of outstanding shares will be 7,482,720. Additionally, the post-cancellation number of treasury shares will stand at 578,753 shares.
This decision reflects Plant CO.,LTD.'s strategic approach to managing its share structure and aligning with regulatory requirements.
🟡 Confidence: Standard AI-translated content.