AS ONE Corporation
Notice on Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on Article 178 of the Companies Act)
AS ONE Corporation resolved to cancel 340,000 shares of common stock (0.45% of total issued shares) as treasury stock on March 31, 2026.
Key Figures
- Number of Common Shares to be Cancelled: 340,000 shares (0.45% of total issued shares)
- Scheduled Cancellation Date: 2026-03-31
- Total Issued Shares After Cancellation: 75,012,540 shares
AI要約
Overview of Capital Policy
At the board meeting held on March 11, 2026, AS ONE Corporation resolved, pursuant to Article 178 of the Companies Act, to cancel 340,000 shares of treasury stock (0.45% of total issued shares). The scheduled cancellation date is March 31, 2026, after which the total number of issued shares will be 75,012,540. It is expected that the number of treasury shares will represent 4.99% of the total issued shares after cancellation.
Impact on Shareholders
The cancellation of treasury stock will reduce the total number of issued shares, which is expected to enhance the value per share. A certain number of treasury shares will still be held after the cancellation, which is anticipated to help suppress dilution. However, there is no disclosure regarding specific use of funds or any future additional capital policies.
