Sumitomo Seika Chemicals Company, Limited.
Notice Concerning Cancellation of Treasury Shares
A resolution was made to cancel treasury shares. Target: 739,800 shares of common stock (1.14% of total outstanding shares). Scheduled cancellation date: October 30, 2026. Total outstanding shares after cancellation: 63,969,485 shares.
Key Figures
- 739,800 shares: Number of shares to be canceled
- 63,969,485 shares: Total outstanding shares after cancellation
- October 30, 2026: Scheduled cancellation date
AI要約
Key Points
Today, based on a resolution of the Board of Directors, it was decided to cancel treasury shares of common stock. The cancellation will be 739,800 shares, representing 1.14% of total outstanding shares. Total outstanding shares after the cancellation will be 63,969,485 shares. The scheduled cancellation date is October 30, 2026.
Impact on Shareholders and Outlook
The cancellation of treasury shares is expected to reduce the total number of shares and curb dilution. Specific impacts on cost of capital or ROE are not disclosed in this document and should be monitored in future disclosures.
Sumitomo Seika Chemicals Company, Limited.
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