Macromill announces cancellation of treasury shares, pending share consolidation
Macromill Inc. (TSE:3978) announced the planned cancellation of 2,257,607 treasury shares, representing 5.48% of the company’s outstanding shares before cancellation. The decision, made by the board of directors on April 21, 2025, aligns with Article 178 of the Companies Act. The cancellation is scheduled for June 18, 2025. The cancellation of treasury shares is subject to the approval of share consolidation which is going to be voted on at the extraordinary shareholders’ meeting of the Company scheduled to be held on May 26, 2025. Following the cancellation, Macromill's total number of issued shares will be 38,940,093.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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