Mandom Corporation
Notice Regarding Approval Resolution on Stock Consolidation, Abolition of Unit Share System, and Partial Amendment to Articles of Incorporation
Mandom Corporation will consolidate 10,000,000 common shares into 1 share, reducing the total issued shares from 45,019,464 to 4 shares. Delisting is scheduled for May 15, 2026.
Key Figures
- Stock Consolidation Ratio: Consolidation of 10,000,000 shares into 1 share
- Total Issued Shares Before Effective Date: 45,019,464 shares
- Total Issued Shares After Effective Date: 4 shares
AI要約
Overview of Stock Consolidation
Mandom Corporation received approval at the extraordinary shareholders’ meeting to consolidate 10,000,000 common shares into 1 share, reducing the total issued shares from 45,019,464 to 4 shares. Concurrently, the unit share system will be abolished, and partial amendments to the articles of incorporation will be made. The effective date of the stock consolidation is scheduled for May 19, 2026.
Impact on Shareholders and Scheduled Delisting
As a result of the stock consolidation, the company’s shares will meet the delisting criteria of the Tokyo Stock Exchange and are scheduled to be delisted on May 15, 2026. Following delisting, trading on the Tokyo Stock Exchange Prime Market will no longer be possible. Fractional shares resulting from the stock consolidation will be sold to the tender offeror, Caron Holdings Co., Ltd., and the proceeds will be distributed to shareholders. Payment of the sale proceeds is expected between late August and mid-September 2026.
Mandom Corporation
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