Hino Motors, Ltd.
Notice Regarding Cancellation of Treasury Stock
Hino Motors resolved to cancel all 426,984 shares of treasury stock it holds (representing 0.07% of total outstanding shares) as of the reference date of April 1, 2026.
Key Figures
- Number of Treasury Shares: 426,984 shares (as of 2025-09-30)
- Treasury Share Ratio: 0.07% of total outstanding shares
- Planned Cancellation Date: 2026-04-01
AI要約
Overview of Treasury Stock Cancellation
Hino Motors, Ltd. resolved at the Board of Directors meeting to cancel all treasury shares held by the company, effective as of April 1, 2026. The target shares for cancellation as of September 30, 2025, total 426,984 shares, which correspond to 0.07% of the total outstanding shares. This cancellation will take place immediately prior to ARCHION Ltd., the holding company formed through the merger agreement with Mitsubishi Fuso Truck and Bus Corporation announced in June 2025, acquiring all shares of Hino Motors.
Impact on Shareholders and Future Outlook
While the number of outstanding shares will decrease due to the cancellation of treasury stock, the scale of the cancellation is relatively small at 0.07% of total shares, so the impact on shareholder composition is expected to be limited. The cancellation is pursuant to the share exchange agreement related to the business integration and is scheduled to take effect on April 1, 2026. Going forward, procedures toward the business integration will proceed, positioning this measure as beneficial toward maximizing shareholder value.
