Meito Co., Ltd.
Notice Regarding Change of Scheduled Date for Share Cancellation
The scheduled cancellation date for 637,600 shares of treasury stock (approximately 1.5 billion JPY) has been moved forward from October 30, 2026, to February 27, 2026.
Key Figures
- Number of Shares Acquired as Treasury Stock: 637,600 shares (market purchase)
- Total Acquisition Cost: 1,499,966,686 JPY
- Change of Scheduled Cancellation Date: Moved forward from October 30, 2026, to February 27, 2026
AI要約
Regarding the Change of Scheduled Date for Treasury Stock Cancellation
meito Co., Ltd. resolved at the board meeting on October 14, 2025, to acquire up to 900,000 shares of treasury stock over the period from October 30, 2025, to October 29, 2026. The acquisition method was market purchase on the Tokyo Stock Exchange. The actual number of shares acquired was 637,600, with an acquisition cost of approximately 1.5 billion JPY. Due to early completion of acquisitions before the initially scheduled period ended, the scheduled cancellation date of treasury stock originally set for October 30, 2026, has been moved forward to February 27, 2026.
Impact on Shareholders and Future Outlook
This acceleration of the treasury stock cancellation date means the reduction in the number of shares will be reflected earlier, which is expected to improve per-share metrics. Since all acquired shares will be cancelled, the proportion of treasury stock to total outstanding shares is capped at 5.31%, contributing to improved capital efficiency. Although the use of funds has not been specified, given that the acquisition was conducted through market purchases, this action is intended as part of capital policy to strengthen shareholder returns.
