World Co., Ltd.
Notice Regarding Share Buyback Due to Fractional Shares Resulting from Share Exchange (Share Buyback Based on the Provisions of Article 234, Paragraphs 4 and 5 of the Companies Act)
On March 19, 2026, the Company resolved to repurchase 404 shares of its common stock as treasury stock in cash based on the closing price on the Tokyo Stock Exchange, as fractional share handling resulting from a share exchange.
Key Figures
- Total Number of Shares to be Repurchased: 404 shares
- Repurchase Date: March 19, 2026
- Repurchase Amount: Tokyo Stock Exchange Closing Price × 404 shares (specific amount unknown)
AI要約
Overview of the Share Buyback
World Co., Ltd. executed a share exchange on March 1, 2026, making Right-on Co., Ltd. a wholly owned subsidiary effective on that date. In relation to the fractional shares less than one share allocated to Right-on shareholders, the Company resolved at the Board of Directors meeting on March 19, 2026, based on Article 234, Paragraphs 4 and 5 of the Companies Act, to repurchase such fractional shares as treasury stock.
Details of the Repurchase and Future Actions
The shares to be repurchased are 404 shares of the Company’s common stock, and cash corresponding to the closing price on the Tokyo Stock Exchange on the repurchase date will be paid. If no trading occurs on that day, the opening price will be used. The repurchase date is March 19, 2026, which will complete the fractional share handling related to the share exchange.
World Co., Ltd.
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