Aichi Corporation
Notice Regarding Treasury Stock Cancellation
Aichi Corporation announced the plan to cancel 10,000,000 shares of treasury stock (13.4% of the total outstanding shares) on February 20, 2026.
Key Figures
- Number of shares cancelled: 10,000,000 shares (13.4% of total outstanding shares)
- Scheduled cancellation date: Friday, February 20, 2026
- Total outstanding shares after cancellation: 64,570,000 shares
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on January 29, 2026, Aichi Corporation resolved, pursuant to Article 178 of the Companies Act, to cancel 10,000,000 shares of treasury stock. The number of shares to be cancelled corresponds to 13.4% of the total outstanding shares before cancellation, with the scheduled cancellation date set for February 20, 2026. After cancellation, the total number of outstanding shares is expected to be 64,570,000.
Impact on Shareholders
The cancellation of treasury stock will reduce the number of outstanding shares, which is expected to enhance the value per share. The number of treasury shares remaining after cancellation is planned to be 10,449 shares, positioning this as part of capital efficiency improvement and shareholder returns. There is no description regarding the use of funds or specific objectives.