Open Up Group Inc.
Notice Regarding Cancellation of Treasury Stock
Open Up Group Co., Ltd. has resolved to cancel 1,000,000 shares of treasury stock (1.1% of total shares outstanding) on February 27, 2026.
Key Figures
- Total Number of Shares to be Cancelled: 1,000,000 shares (1.1% of total shares outstanding)
- Total Shares Outstanding: 91,822,812 shares (as of December 31, 2025)
- Number of Treasury Shares: 6,877,559 shares (as of December 31, 2025)
AI要約
Overview of Capital Policy
At the Board of Directors meeting on February 6, 2026, Open Up Group Co., Ltd. resolved to cancel treasury stock pursuant to Article 178 of the Companies Act. The shares subject to cancellation are 1,000,000 ordinary shares, representing approximately 1.1% of the total shares outstanding. The scheduled cancellation date is February 27, 2026. As part of its capital policy, the company will continue to consider and execute optimal capital strategies while maintaining financial soundness and taking into account the impact on earnings per share (EPS).
Impact on Shareholders and Future Outlook
The cancellation of treasury stock will reduce the number of shares outstanding, which is expected to improve earnings per share (EPS). As of December 31, 2025, the company held 6,877,559 treasury shares, and the current cancellation corresponds to a portion of these shares. Going forward, the company plans to implement flexible capital policies in response to market conditions and capital needs, aiming to enhance shareholder value.
