TOKYO, Mar 25 (Pulse News Wire) – Tokyo GAS CO.,LTD. (9531.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 plans to cancel ordinary shares totaling 36,131,600. This represents 9.7% of the outstanding shares prior to cancellation.
The cancellation is scheduled to take place on April 24, 2026. Following the cancellation, the total number of outstanding shares of Tokyo Gas will be reduced to 334,959,259.
This action aligns with the provisions set forth in Article 178 of the Companies Act, aimed at streamlining the company's share structure.
🟡 Confidence: Standard AI-translated content.