Toho Co. (TYO:8142) disclosed the completion of its treasury stock cancellation on Wednesday following a resolution at the board of directors' meeting on April 14, according to a Wednesday filing on the Tokyo Stock Exchange.
The company cancelled 10.5 million shares, representing 5.63% of its outstanding shares before cancellation.
After the cancellation, the total number of issued shares stands at 176,000,000.
Shares of the company declined nearly 2% in morning trade Thursday.
Price (JPY): $3235.00, Change: $-45, Percent Change: -1.37%
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