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LY Corporation Cancels Shares to Meet Listing Criteria
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LY Corporation Cancels Shares to Meet Listing Criteria

LY Corporation (JP:4689) has released an update.

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LY Corporation has successfully completed the cancellation of 489,597,939 treasury shares, a move designed to meet the Tokyo Stock Exchange’s tradable share ratio requirement for its Prime Market listing. The cancellation is set to increase the tradable share ratio to 36.35%, exceeding the minimum 35% threshold. The official confirmation of compliance will be announced after evaluation at the end of March 2025.

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