The Shiga Bank, Ltd.
Notice of Cancellation of Treasury Stock
On February 27, 2026, a resolution was passed to cancel 5,000,000 common shares of treasury stock, representing 9.41% of the total issued shares.
Key Figures
- Total number of shares to be cancelled: 5,000,000 shares (representing 9.41% of total issued shares before cancellation)
- Scheduled cancellation date: 2026-02-27
- Total shares outstanding after cancellation: 48,090,081 shares (including treasury stock)
AI要約
Overview of Capital Policy
Shiga Bank, Ltd. resolved at the Board of Directors meeting on January 29, 2026, to cancel treasury stock pursuant to Article 178 of the Companies Act. The target shares for cancellation are 5,000,000 common shares, equivalent to 9.41% of the total issued shares prior to cancellation. The scheduled cancellation date is February 27, 2026. As a result, the total number of issued shares after cancellation will be 48,090,081 shares (including treasury stock).
Impact on Shareholders
The cancellation of treasury stock will reduce the total number of issued shares, which is expected to enhance the per-share value. However, there is no specific information regarding the use of funds after the cancellation or the impact on business performance. Investors should pay attention to future stock price trends and any changes in dividend policy.
