Metaplanet Secures Shareholders’ Approval to Expand Preferred Shares
Metaplanet has achieved unanimous shareholder approval to restructure its capital base, a MOVE that enhances dividend flexibility and enables potential share buybacks. The Japanese company doubled its authorized preferred share capacity and introduced new dividend structures, signaling a strategic shift in its financial approach.
The approval of all five proposals at the Extraordinary Shareholder Meeting underscores Metaplanet's commitment to capital efficiency and global institutional capital access. By relocating capital stock and reserves into capital surplus, the firm gains greater agility to respond to market conditions and optimize shareholder value.
This restructuring positions Metaplanet to leverage favorable market opportunities while maintaining robust investor relations—a calculated step in its long-term growth strategy.