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Capital Research Raises Its Metaplanet Voting Stake to 11.11%

Capital Research Raises Its Metaplanet Voting Stake to 11.11%

Photo: TokenPost

Capital Research and Management Company’s disclosed Metaplanet stake reached 11.11% of voting rights on Oct. 16, crossing the company’s 10% major-shareholder threshold as a buyback reduced the voting-rights base. Capital Research reported 143,301,084 Metaplanet shares, up 17,845,264 from 125,455,820 shares on Sept. 8. Its reported voting-rights share rose from 9.32% over the same period. Metaplanet’s ranking table placed Capital Research first on both dates, so the increase did not change the top shareholder ranking. Metaplanet repurchased 73,981,400 ordinary shares on Oct. 14 for ¥19,309,145,400, or ¥261 per share.

Source: TokenPost

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