Forum Engineering (TYO:7088) said its board approved a plan to cancel all 279,269 treasury shares it held as of Dec. 31, 2025, with the cancellation scheduled for May 14, according to a Monday filing on the Tokyo Stock Exchange.
The move is conditional on shareholder approval of a share consolidation proposal at an extraordinary meeting on Feb. 25 and the successful completion of a planned tender offer for its own shares.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments