Torishima Pump Mfg. Co., Ltd.
Notice Regarding Completion of Share Buyback Cancellation
Torishima Manufacturing Co., Ltd. completed the cancellation of 503,000 shares of treasury stock (1.91% of the total issued shares) on April 24, 2026.
Key Figures
- Number of shares canceled: 503,000 shares (1.91% of total issued shares)
- Date of cancellation: 2026-04-24
- Total issued shares after cancellation (excluding treasury stock): 26,316,572 shares
AI要約
Overview of Capital Policy
Torishima Manufacturing Co., Ltd. completed the cancellation of 503,000 shares of treasury stock on April 24, 2026, based on the Board of Directors’ resolution dated May 14, 2025. The number of canceled shares corresponds to 1.91% of the total issued shares (excluding treasury stock). After cancellation, the total issued shares amounted to 26,316,572 shares, with treasury stock totaling 2,226,107 shares.
Impact on Shareholders
The cancellation of treasury stock is expected to reduce the number of issued shares and enhance per-share value. Although details regarding the use of funds related to the cancellation are not disclosed, this action is considered part of the capital policy aimed at improving shareholder value.
Torishima Manufacturing Co., Ltd.
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