Bando Chemical Industries (5195) · InitiativeAchieved

Reducing shares outstanding through cancellation of treasury shares

First written in FY2024-Q1. 1 of 1 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2024-Q1.

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Reducing shares outstanding through cancellation of treasury sharesA theme 157 companies write about · 0 as a headwind · 162 as a tailwind

77 other companies' latest entry also says "Achieved".

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Showing 14 of the 157 companies compared. The sentences above are computed from all 157.

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FY2024-Q1AchievedAnnual report
「At a meeting held on 15 May 2023, the Board of Directors resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares, and carried this out. 1. Class of shares to be cancelled: Common shares of the Company　2. Number of shares to be cancelled: 3,000,000 shares (6.35% of the total number of shares issued before the cancellation)　3. Cancellation date: 14 June 2023　4. Total number of shares issued after the cancellation: 44,213,536 shares」
On 14 June 2023, 3 million treasury shares were cancelled, bringing the total number of shares issued to 44,213,536.

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