Sanwa Holdings Corporation [5929.T]
TOKYO, May 14 (Pulse News Wire) – Sanwa Holdings Corporation (5929.T) announced today that its board of directors, held , resolved to cancel own shares based on Article 178 of the Companies Act. According to the resolution, the company will cancel ordinary shares amounting to 2,000,000.
This represents 0.9% of the total outstanding shares prior to cancellation. The cancellation is scheduled to take place on June 12, 2026.
Following the cancellation, the total number of outstanding shares, including own shares, will be 219,000,000. This action aligns with regulatory requirements and reflects the company's strategic decision to manage its capital structure effectively.
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