Sakata INX Corporation
Notice of Share Buyback and Cancellation (Share Cancellation Based on Article 178 of the Companies Act)
Sakata Inx Co., Ltd. plans to cancel 4,172,361 ordinary shares (7.7% of total issued shares) on May 29, 2026.
Key Figures
- Number of shares to be canceled: 4,172,361 shares (7.7% of total outstanding shares)
- Scheduled cancellation date: 2026-05-29
- Total number of outstanding shares after cancellation: 50,000,000 shares
AI要約
Overview of Share Cancellation
Sakata Inx Co., Ltd. resolved at the Board of Directors meeting held on May 11, 2026, to cancel its own shares based on Article 178 of the Companies Act. The shares to be canceled are 4,172,361 ordinary shares, which represent 7.7% of the total issued shares before cancellation. The scheduled date for cancellation is May 29, 2026.
Number of Shares Post-Cancellation and Impact
After the share cancellation, the total number of outstanding shares is planned to be 50,000,000 shares. This reduction in outstanding shares is expected to improve per-share value and shareholder value; however, specific financial impacts and capital policy details are not provided.
Sakata Inx Co., Ltd.
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