TISI to cancel 13,700,000 treasury shares on Aug. 31, cutting issued stock by 6%

Reuters2026/07/30 06:46

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TISI plans to cancel 13,700,000 common shares of treasury stock, equal to 6% of issued shares before the cancellation.
Board resolution dated July 30, 2026; cancellation date set for Aug. 31, 2026.
Issued shares are expected to total 214,700,000 following the cancellation.
Treasury shares are expected to total 3,710,865, equal to 1.7% of issued shares, excluding certain trust-held shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TISI Inc. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TISI to cancel 13,700,000 treasury shares on Aug. 31, cutting issued stock by 6%

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