SHINOBU FOODS PRODUCTS CO.,LTD. [2903.T]
TOKYO, May 11 (Pulse News Wire) – Shinobu Foods Products CO.,LTD. (2903.T) announced today that it has decided to cancel 500,000 shares of its common stock based on a resolution made according to Article 178 of the Companies Act.
The cancellation is set to take place on May 18, 2026. Prior to the cancellation, the total number of outstanding shares was 12,500,000, representing approximately 4% of the issued share capital.
Following the cancellation, the total number of outstanding shares will decrease to 12,000,000. The decision was made through a written resolution approved by the board of directors , in accordance with Article 370 of the Companies Act.
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