FilingReader Intelligence
Buffalo cancels shares, founder donates shares to employees
June 19, 2025 at 12:02 PM UTC•By FilingReader AI
Buffalo, a Melco Holdings subsidiary (TSE:6676), announced plans to cancel 2,500,000 of its own shares, representing 16.34% of its outstanding shares, effective June 30, 2025. The company cited mitigating dilution and increasing its ratio of freely tradable shares as reasons for the cancellation. Following the cancellation, the total number of outstanding shares will be 12,800,000, and the company will hold 74,238 of its own shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:6676•Tokyo Stock Exchange
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