BIPROGY Inc.
Notice Regarding Completion of Treasury Stock Cancellation
Completed cancellation of 1,703,900 shares of common stock (1.7% of total outstanding shares) as of March 25, 2026.
Key Figures
- Total Number of Shares Cancelled: 1,703,900 shares (1.7% of shares outstanding)
- Date of Cancellation: 2026-03-25
- Number of Shares Outstanding After Cancellation: 98,959,624 shares
AI要約
Overview of Treasury Stock Cancellation
BIPROGY Inc. executed the cancellation of treasury stock in accordance with the resolution of the Board of Directors on March 27, 2025, and pursuant to the provisions of Article 178 of the Companies Act. The cancelled shares consist of 1,703,900 shares of common stock, representing 1.7% of the shares outstanding before the cancellation. The cancellation date was March 25, 2026, resulting in total shares outstanding of 98,959,624 shares.
Impact on Shareholders
The cancellation of treasury stock reduces the total number of shares outstanding, which is expected to enhance per-share value. After the cancellation, the number of treasury shares stands at 2,314,465 shares, which may influence future capital policies and shareholder return measures. Specific uses of funds and future plans are not disclosed in this document.
BIPROGY Inc.
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