TOKYO, May 12 (Pulse News Wire) – RAKSUL INC. (4384.T) announced plans to conduct a share consolidation that will result in the company's delisting from the Tokyo Stock Exchange.
The company will consolidate shares at a ratio of 0:1.
Shareholders holding fractional shares following the consolidation will receive ¥1,900 per pre-consolidation share.
An extraordinary general meeting of shareholders to approve the consolidation is scheduled for May 12, 2026.
The company's shares are expected to be delisted on May 29, 2026.
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