Source disclosure: March 06, 2026, 15:30 JST
Published by Pulse News Wire: March 06, 2026, 15:49 JST
SATO FOODS INDUSTRIES CO.,LTD. [2814.T]
TOKYO, Mar 06 (Pulse News Wire) – Sato Foods Industries CO.,LTD. (2814.T) announced today that its board of directors, held on March 06, resolved to cancel 700,000 shares of its common stock based on Article 178 of the Companies Act.
This cancellation represents 8.7% of the outstanding shares prior to the cancellation. The share cancellation is scheduled to take place on March 18, 2026.
Following the cancellation, the total number of outstanding shares will be 7,377,460, while the company's own shares will amount to 3,498,509. It should be noted that the figures mentioned above are calculated based on the outstanding shares and own shares as of January 31, 2026.
Additionally, the calculation does not include 290,950 shares held through a stock grant trust (J-ESOP) and performance-linked equity compensation system trusts.
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