Shikoku Kasei Holdings Corporation
Notice Regarding the Discontinuation (Abolition) of Share Buyback Defense Measures and Partial Amendment of Articles of Incorporation
Shikoku Kasei Holdings Co., Ltd. resolved to abolish the share buyback defense measures as of the conclusion of the Ordinary General Meeting of Shareholders on March 26, 2026, and to delete Chapter 8 of the Articles of Incorporation related to this matter.
Key Figures
- Abolition Date of Share Buyback Defense Measures: 2026-03-26 (At the conclusion of the 106th Ordinary General Meeting of Shareholders)
- Effective Date of Articles of Incorporation Amendment: 2026-03-26
- Introduction Date of Share Buyback Defense Measures: 2008-06-26 (Resolution at the 88th Ordinary General Meeting of Shareholders)
AI要約
Regarding the Discontinuation (Abolition) of Share Buyback Defense Measures
Shikoku Kasei Holdings Co., Ltd. has resolved to abolish the share buyback defense measures introduced on June 26, 2008, as of the conclusion of the 106th Ordinary General Meeting of Shareholders on March 26, 2026. This decision reflects recent changes in the business environment and shareholder feedback. Even after abolition, the company will continue to respond appropriately to large-scale share acquisition activities by providing adequate information and respecting opinions of independent directors.
Regarding Partial Amendment of Articles of Incorporation
In conjunction with the abolition of the share buyback defense measures, the company resolved to delete Chapter 8 (Provisions on Share Buyback Defense Measures) of the Articles of Incorporation, which will be submitted to the shareholders’ meeting on March 26, 2026. Specifically, provisions in Articles 42 and 43 will be removed, eliminating all clauses related to the share buyback defense measures. The amendment will take effect on the same date.
