Nissin Foods : Notice regarding Cancellation of Treasury Shares
February 02, 2022 at 11:29 pm EST
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February 3, 2022
Koki Ando
President and Representative Director, CEO
Notice regarding Cancellation of Treasury Shares
NISSIN FOODS HOLDINGS CO., LTD. (hereinafter "the Company") hereby announces that, at the meeting of the Board of Directors held on February 3, 2022, its Board of Directors resolved to cancel treasury shares pursuant to Article 178 of the Companies Act.
(1)
Type of shares to be cancelled
Common stock of the Company
(2)
Total number of shares to be cancelled
1,477,700 shares
(This number represents 1.39% of total outstanding
shares before cancellation)
(3)
Scheduled date of cancellation
February 28, 2022
(Reference)
(1)
Total number of outstanding shares after cancellation 104,222,300 shares
(2)
Total number of treasury shares after cancellation (estimated) 1,476,251 shares
(Calculated based on the number of treasury shares as of December 31, 2021)
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Nissin Foods Holdings Co. Ltd. published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 04:28:07 UTC.
NISSIN FOODS HOLDINGS CO., LTD. is a Japan-based holding company principally engaged in the manufacture and sale of instant foods, such as instant noodles. The Company is also involved in other food business, logistics business and other related business. The Company operates its business through five business segments. The four business segments, Nisshin Foods, Myojo Foods, Americas and China, mainly manufacture and sell instant bag noodles and cup noodles respectively. Low Temperature segment is involved in the manufacture and sale of chilled products and frozen products.