Toagosei to cancel 5 million treasury shares to boost shareholder value
Toagosei Co., Ltd. announced its board of directors resolved on December 18, 2025, to cancel 5,000,000 shares of its common stock. This represents 4.42% of the total shares issued before the cancellation. The planned cancellation date is December 25, 2025.
The decision was made pursuant to Article 178 of the Companies Act. Following the cancellation, the total number of issued shares will decrease from 113,000,000 shares to 108,000,000 shares.
The announcement was issued by Hidenori Kobuchi, president, COO, and representative director, along with Shingo Tsutsumi, general manager of corporate communication department.
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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