EXEO Group, Inc.
Notice Regarding Cancellation of Treasury Stock
Exeo Group Corporation resolved at the Board of Directors meeting held on February 6, 2026, to cancel 3,000,000 shares of common stock (1.44% of the total number of issued shares) on February 27, 2026.
Key Figures
- Number of shares to be canceled: 3,000,000 shares (1.44% of total issued shares)
- Scheduled cancellation date: 2026-02-27
- Total issued shares after cancellation: 205,624,838 shares (including treasury stock)
AI要約
Overview of Treasury Stock Cancellation
At the Board of Directors meeting held on February 6, 2026, Exeo Group Corporation resolved, based on Article 178 of the Companies Act, to cancel 3,000,000 shares of common stock. This corresponds to 1.44% of the total issued shares. The scheduled cancellation date is February 27, 2026.
Impact on Shareholders and Future Outlook
Following this cancellation, the total number of issued shares (including treasury stock) will become 205,624,838 shares. The cancellation of treasury stock aims to suppress share dilution and enhance shareholder value, potentially contributing to improved capital efficiency going forward.
