Mandom Corporation
Notice Regarding Cancellation of Treasury Shares
The Company plans to cancel 3,249,748 treasury shares (6.73% of total outstanding shares) on May 18, 2026. The number of outstanding shares after cancellation will be 45,019,464 shares.
Key Figures
- Number of Shares Cancelled: 3,249,748 shares (6.73% of total outstanding shares)
- Scheduled Cancellation Date: 2026-05-18
- Total Outstanding Shares After Cancellation: 45,019,464 shares
AI要約
Overview of Capital Policy
Mandom Corporation resolved at the Board of Directors meeting held on March 26, 2026, to cancel 3,249,748 treasury shares pursuant to Article 178 of the Companies Act. The number of shares to be cancelled corresponds to 6.73% of the total outstanding shares, and the scheduled cancellation date is May 18, 2026. This cancellation is conditional upon the approval of a share consolidation proposal at the extraordinary shareholders meeting scheduled for April 24, 2026.
Impact on Shareholders
Following the cancellation of treasury shares, the total number of outstanding shares will be 45,019,464 shares, which is expected to suppress share dilution. The shares subject to cancellation include 3,132,848 treasury shares held as of December 31, 2025, and 116,900 restricted shares scheduled to be acquired without compensation by May 18, 2026. This is expected to enhance shareholder value.
Mandom Corporation
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