Nippon Rietec Co.,Ltd.
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)
Nihon Re-Tech Corporation has decided to cancel 500,000 shares of common stock (representing 1.95% of the total issued shares) on March 16, 2026.
Key Figures
- Number of Shares Cancelled: 500,000 shares (1.95% of Total Issued Shares)
- Scheduled Cancellation Date: 2026-03-16
- Total Issued Shares After Cancellation: 25,117,717 shares (Including Treasury Stock)
AI要約
Overview of Treasury Stock Cancellation
Nihon Re-Tech Corporation resolved at the Board of Directors meeting held on February 20, 2026, to cancel 500,000 shares of treasury stock in accordance with the provisions of Article 178 of the Companies Act. The shares to be cancelled are common stock of the company, and the scheduled cancellation date is March 16, 2026. The number of shares to be cancelled corresponds to 1.95% of the total issued shares.
Number of Shares After Cancellation and Future Outlook
The total issued shares after cancellation are expected to be 25,117,717 shares (including treasury stock), with treasury stock amounting to 337,168 shares after cancellation. The cancellation is calculated based on the number of treasury shares as of December 31, 2025, aiming to improve capital efficiency and enhance shareholder value.
