JSP Corporation
Notice Regarding Cancellation of Treasury Stock
JSP Corporation resolved to cancel 5,206,400 shares of common stock (16.57% of the total issued shares) as treasury stock on March 19, 2026.
Key Figures
- Total Number of Shares to be Cancelled: 5,206,400 shares (16.57% of total issued shares)
- Scheduled Cancellation Date: 2026-03-19
- Total Issued Shares After Cancellation: 26,207,073 shares
AI要約
Overview of Treasury Stock Cancellation
At the board of directors meeting held on March 9, 2026, JSP Corporation resolved to cancel treasury stock pursuant to the provisions of Article 178 of the Companies Act. The shares subject to cancellation are 5,206,400 shares of common stock, which represents 16.57% of the total issued shares prior to cancellation. The scheduled cancellation date is March 19, 2026.
Impact on Shareholders and Status After Cancellation
As a result of this cancellation, the number of treasury shares held by JSP Corporation will be reduced to 0.00% of the total issued shares, and the total issued shares after cancellation will be 26,207,073 shares. The number of treasury shares will decrease to 19 shares, which is expected to suppress shareholder dilution and improve capital efficiency.
