SUMIKEN MITSUI ROAD CO., LTD. [1776.T]
TOKYO, May 22 (Pulse News Wire) – Sumiken Mitsui Road Co., Ltd. (1776.T) resolved today during its board meeting to destroy all self-held shares based on Article 178 of the Companies Act.
The destruction is set to occur on June 1, 2026. As of March 31, 2026, the company held 53 self-held shares out of a total of 9,277,500 outstanding shares, including those held by the trust department of Sumitomo Mitsui Trust Bank under the share compensation system for directors and executives, which amount to 72,600 shares.
This action follows the provisions of the Companies Act enacted in 2005, including subsequent amendments. The resolution was made by the company's board of directors chaired by President Renai Hajime.
🟡 Confidence: Standard AI-translated content.