Nisshin Seifun Group Inc.
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Pursuant to Article 178 of the Companies Act)
Nisshin Seifun Group Inc. has resolved to cancel 8,546,000 shares of treasury stock (2.95% of total shares issued before cancellation) on March 31, 2026.
Key Figures
- Total Number of Shares to be Cancelled: 8,546,000 shares (2.95% of shares issued before cancellation)
- Scheduled Cancellation Date: March 31, 2026
- Total Shares Issued After Cancellation (Including Treasury Stock): 282,111,891 shares
AI要約
Overview of Capital Policy
At the board meeting held on March 26, 2026, Nisshin Seifun Group Inc. resolved, in accordance with Article 178 of the Companies Act, to cancel 8,546,000 shares of treasury stock. This corresponds to 2.95% of total shares issued before cancellation. The scheduled cancellation date is March 31, 2026. Following the cancellation, the total number of shares issued (including treasury stock) will be 282,111,891 shares.
Impact on Shareholders
The cancellation of treasury stock will reduce the total number of shares issued, which is expected to enhance the value per share. However, this document does not specify the intended use of funds or the precise financial impact associated with the cancellation. Attention is focused on future shareholder return strategies and improvements in capital efficiency.
Nisshin Seifun Group Inc.
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