Morinaga Milk Industry Co., Ltd.
Notification Regarding the Cancellation of Treasury Stock
Based on the treasury stock acquisition resolution of May 13, 2025 (upper limit of 3,800,000 shares, 10 billion yen), the acquired shares are scheduled to be cancelled on March 31, 2026.
Key Figures
- Upper Limit of Shares to be Acquired: 3,800,000 shares (Resolution on May 13, 2025)
- Upper Limit of Acquisition Price: 10 billion yen (Resolution on May 13, 2025)
- Scheduled Cancellation Date: 2026-03-31
AI要約
Overview of Treasury Stock Cancellation
Morinaga Milk Industry Co., Ltd. resolved at the Board of Directors meeting on May 13, 2025, to complete the acquisition of treasury stock (upper limit 3,800,000 shares, acquisition price upper limit 10 billion yen) and to cancel the acquired treasury stock on March 31, 2026. The shares to be cancelled are our ordinary shares, and this cancellation is expected to reduce the number of outstanding shares. The acquisition has been conducted through market purchases on the Tokyo Stock Exchange.
Impact on Shareholders and Future Plans
The cancellation of treasury stock will reduce the number of outstanding shares, which is expected to enhance the value per share. The scheduled cancellation date is March 31, 2026, and further details will be disclosed after the number of shares to be cancelled is finalized. This is positioned as part of capital policy aimed at improving capital efficiency.
Morinaga Milk Industry Co., Ltd.
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