Source disclosure: February 16, 2026
TOKYO ENERGY & SYSTEMS INC. [1945.T]
TOKYO, Feb 16 (Pulse News Wire) – TOKYO ENERGY & SYSTEMS INC. (1945.T) announced today that its board of directors resolved, to cancel own shares in accordance with Article 178 of the Companies Act.
The company plans to cancel 1,750,000 ordinary shares, which represent 5.00% of the total outstanding shares prior to cancellation. The cancellation is scheduled for February 26, 2026.
Following the cancellation, the total number of outstanding shares will be reduced to 33,223,752. As of January 31, 2026, the company held 1,838,879 own shares.
This action aligns with regulatory requirements and reflects the company's strategic decision to manage its capital structure effectively.
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