Toda Corporation
Notice of Completion of Treasury Stock Cancellation
Toda Corporation announced the completion of cancellation of 4,651,100 shares of treasury stock (1.53% of the total issued shares) as of March 30, 2026.
Key Figures
- Total number of shares cancelled: 4,651,100 shares (common stock)
- Percentage of shares cancelled: 1.53% (ratio to total issued shares)
- Date of cancellation: 2026-03-30
AI要約
Overview of Treasury Stock Cancellation
Based on the resolution of the Board of Directors on March 25, 2026, Toda Corporation cancelled 4,651,100 shares of treasury stock as of March 30, 2026, in accordance with the provisions of Article 178 of the Companies Act. The cancelled shares are common stock of the company, and the number of cancelled shares corresponds to 1.53% of the total issued shares (excluding treasury stock). As a result, the total number of issued shares after cancellation is 299,674,797 shares.
Impact on Shareholders
The cancellation of treasury stock reduces the total number of issued shares, which is expected to improve the value per share. Although 18,330,899 shares of treasury stock remain after the cancellation, this action is considered part of a capital policy aimed at improving capital efficiency. There is no mention of the use of funds or specific impact.
