Sankyo Co., Ltd.
Notice Regarding Cancellation of Treasury Stock
SANKYO Co., Ltd. plans to cancel 30,000,000 shares of common stock (11.54% of the total issued shares) on February 27, 2026, aiming to improve capital efficiency and enhance shareholder returns.
Key Figures
- Number of Shares to be Cancelled: 30,000,000 shares (11.54% of total issued shares)
- Scheduled Cancellation Date: 2026-02-27
- Total Issued Shares After Cancellation: 230,000,000 shares
AI要約
Overview of Treasury Stock Cancellation
At the Board of Directors meeting held on February 5, 2026, SANKYO Co., Ltd. resolved, based on Article 178 of the Companies Act, to cancel 30,000,000 shares of treasury stock. The cancellation aims to improve capital efficiency and enhance shareholder returns, with the scheduled cancellation date set for February 27, 2026. The shares to be cancelled are common stock representing 11.54% of the total issued shares prior to cancellation.
Impact on Shareholders
Following the cancellation of treasury stock, the total number of issued shares will be 230,000,000 shares. This is expected to increase the value per share and contribute to improved capital efficiency and enhanced shareholder returns. Specific details regarding the improvement in dilution rate or impact on dividend policy are not provided in the materials.
