Bandai Namco cancels 10m shares for enhanced shareholder value

Bandai Namco Holdings (TSE:7832) announced today the cancellation of 10 million of its own common shares, representing 1.52% of the total issued shares before cancellation, effective April 30, 2025. This decision, approved by the Board of Directors on April 16, 2025, aligns with Article 178 of the Companies Act and is aimed at enriching shareholder returns and improving overall capital efficiency. Post-cancellation, the total number of issued shares, including remaining treasury stock, will be 650,000,000, with the company holding 2,589,789 treasury shares. The cancellation underscores Bandai Namco's strategic approach to capital management and its dedication to maximizing value for its shareholders.