NH Foods Ltd.
Notice Regarding Cancellation of Treasury Stock
Nippon Ham Holdings, Inc. has resolved to cancel 4,850,004 shares of treasury stock (4.9% of total issued shares) on April 30, 2026.
Key Figures
- Number of shares to be cancelled: 4,850,004 shares (4.9% of total issued shares before cancellation)
- Scheduled cancellation date: 2026-04-30
- Total issued shares after cancellation: 94,245,000 shares
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on April 13, 2026, Nippon Ham Holdings, Inc. resolved to cancel 4,850,004 shares of treasury stock in accordance with Article 178 of the Companies Act. The cancellation is scheduled for April 30, 2026, which corresponds to approximately 4.9% of the total issued shares of 99,095,004 shares prior to cancellation. After cancellation, the total issued shares will be 94,245,000 shares, and the number of treasury shares is expected to be 111,559 shares (0.1% of total issued shares). The treasury shares include 98,617 shares held by the officers’ remuneration BIP trust.
Impact on Shareholders
This cancellation of treasury stock will reduce the total number of issued shares, which is expected to enhance the value per share. A small amount of treasury stock will remain after the cancellation, accounting for only 0.1%. This is positioned as part of capital efficiency improvement and shareholder returns, potentially contributing to increased shareholder value.
