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Daiichi Sankyo to cancel 3.5 pct of own shares

Fri Aug 29, 2008 1:15am EDT
 
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TOKYO, Aug 29 (Reuters) - Daiichi Sankyo Co Ltd (4568.T: Quote, Profile, Research, Stock Buzz) said on Friday it would cancel 3.54 percent, or 26 million, of its outstanding shares on Sept. 8.

Japan's third-largest drugmaker will have 709 million shares outstanding after the cancellation, including 5 million shares that it holds, it said. (Reporting by Yumiko Nishitani)

 

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