Nagano Keiki Co., Ltd.
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on Article 178 of the Companies Act)
Nagano Keiki Co., Ltd. plans to cancel 540,500 shares of treasury stock (2.78% of total issued shares) on February 27, 2026. The total acquisition amount is approximately 1.2 billion yen.
Key Figures
- Total number of shares to be cancelled: 540,500 shares (2.78% of total issued shares)
- Total number of treasury shares acquired: 540,500 shares (total acquisition cost 1,199,915,600 yen)
- Scheduled cancellation date: 2026-02-27
AI要約
Overview of Treasury Stock Cancellation
Nagano Keiki Co., Ltd., based on a board resolution dated August 26, 2025, planned to acquire up to 600,000 shares of treasury stock via market purchases on the Tokyo Stock Exchange from September 11, 2025 to January 30, 2026, and actually acquired 540,500 shares at approximately 1.2 billion yen. At the board meeting on February 10, 2026, it was resolved to cancel all acquired treasury shares on February 27, 2026. After cancellation, the total number of issued shares will be 18,892,484 shares, representing a reduction of approximately 2.78% of the issued shares.
Impact on Shareholders and Future Outlook
The cancellation of treasury stock will reduce the total number of issued shares, which is expected to enhance the value per share. After cancellation, the company will still hold 319,629 shares of treasury stock, of which 120,200 shares are owned by Sumitomo Mitsui Trust Bank, Limited under the stock compensation plan. This cancellation aims to improve capital efficiency and holds significant importance for future shareholder returns and capital policies.
