San-Ai Obbli Co., Ltd.
Notice Regarding Cancellation of Treasury Shares (Cancellation of Treasury Shares Based on Article 178 of the Companies Act)
The Company plans to cancel 3,000,000 shares of common stock (4.55% of total issued shares) on February 27, 2026. The total number of shares issued after cancellation will be 63,000,000 shares.
Key Figures
- Number of shares to be canceled: 3,000,000 shares (4.55% of total issued shares)
- Scheduled cancellation date: 2026-02-27
- Total issued shares after cancellation: 63,000,000 shares
AI要約
Overview of Treasury Shares Cancellation
San-Ai Oburi Co., Ltd. resolved at the Board of Directors meeting held on February 10, 2026, to cancel 3,000,000 treasury shares pursuant to Article 178 of the Companies Act. The shares to be canceled are common stock, with the cancellation scheduled for February 27, 2026. This represents 4.55% of the total issued shares before cancellation. After cancellation, the total number of issued shares will be 63,000,000 shares.
Impact on Shareholders
This cancellation of treasury shares will reduce the total number of issued shares, which is expected to enhance the value per share. This measure aims to improve capital efficiency and increase shareholder value. However, no specific details regarding the use of funds or future policies are provided. Investors should evaluate the anti-dilution effect considering the change in shares outstanding after cancellation.
