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Net One Systems Announces Key Resolutions Including Share Consolidation and Planned Delisting

Story Highlights
  • Net One Systems approved a share consolidation and plans to delist from the Tokyo Stock Exchange.
  • The company’s resolutions include amendments to its Articles of Incorporation and appointing a new Executive Director.
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Net One Systems Announces Key Resolutions Including Share Consolidation and Planned Delisting

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Net One Systems Co., Ltd. ( (JP:7518) ) has issued an announcement.

Net One Systems Co., Ltd. announced the approval of several key resolutions at its extraordinary shareholders’ meeting, including a share consolidation. This move will result in the company’s shares meeting delisting criteria from the Tokyo Stock Exchange, with the delisting set for March 18, 2025. The resolutions also involved amending the Articles of Incorporation and appointing a new Executive Director. These changes are poised to impact the company’s trading status and potentially streamline its share structure.

More about Net One Systems Co., Ltd.

Net One Systems Co., Ltd. operates in the technology sector and focuses on providing IT infrastructure solutions and services. The company specializes in network integration, cloud services, and information security, catering primarily to corporate clients in Japan.

Average Trading Volume: 647,355

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen354.8B

Learn more about 7518 stock on TipRanks’ Stock Analysis page.

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