Shimano to cancel treasury stock, reducing issued shares
Shimano Inc. resolved to cancel 1,180,000 shares of its common stock, as announced in a meeting of its board of directors on November 18, 2025. This cancellation represents 1.35% of the total shares issued and outstanding prior to the cancellation.
Following the cancellation, the total number of issued shares will decrease from 87,710,000 to 86,530,000 shares. The effective date for the treasury stock cancellation is scheduled for November 26, 2025. The company stated that the resolution was made in accordance with Article 178 of the Companies Act.
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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