TSUGAMI CORPORATION announced that it will cancel 1.5 million treasury shares. The shares will represent 3.13% of total shares outstanding after the cancellation, which is scheduled for 27 October.
TSUGAMI CORPORATION announced plans to cancel 1.5 million treasury shares. The cancellation is expected to represent 3.13% of total shares outstanding. The cancellation is scheduled to take place on 27 October.
It was reported that trading involving mixed buying and selling took place in the market at around 13:00 that day. TSUGAMI CORPORATION is believed to plan to carry out the treasury share cancellation as part of its shareholder returns.