Taikisha Ltd.

1979.T
Building Products & Equipment
2026/02/17 Updated
Market Cap: $1.5B (¥235.9B)
Stock Price: $24.49 (¥3,745)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on Article 178 of the Companies Act)

Taikisha Ltd. announced plans to cancel 3,700,000 common shares (5.51% of total shares issued) on February 27, 2026.

Importance:
Page Updated: February 10, 2026
IR Disclosure Date: February 10, 2026

Key Figures

  • Number of shares cancelled: 3,700,000 shares (5.51% of shares issued before cancellation)
  • Scheduled cancellation date: 2026-02-27
  • Total shares issued after cancellation: 63,464,018 shares

AI要約

Overview of Treasury Stock Cancellation

At the Board of Directors meeting held on February 10, 2026, Taikisha Ltd. resolved to cancel 3,700,000 treasury shares in accordance with Article 178 of the Companies Act. The number of shares to be cancelled represents 5.51% of the total shares issued before cancellation, with the planned cancellation date set for February 27, 2026. The total shares issued after the cancellation are expected to be 63,464,018 shares.

Impact on Shareholders and Future Outlook

This treasury stock cancellation will reduce the total shares issued, which is expected to enhance the value per share. Approximately 464,419 treasury shares will remain after the cancellation. This initiative forms part of the company’s capital policy aimed at strengthening shareholder returns and improving capital efficiency. Ongoing monitoring of future capital policy developments is necessary.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.