Premium Water Holdings,Inc.

2588.T
Utilities - Regulated Water
2026/04/02 Updated
Market Cap: $963.6M (¥153.0B)
Stock Price: $24.38 (¥3,870)
Exchange Rate: 1 USD = ¥158.73

Notice Regarding Cancellation of Treasury Shares

Premium Water Holdings Inc. will cancel 9,046,070 treasury shares on March 10, 2026, resulting in a total of 30,834,009 shares outstanding after the cancellation.

Importance:
Page Updated: March 6, 2026
IR Disclosure Date: March 6, 2026

Key Figures

  • Total Number of Shares Cancelled: 9,046,070 shares
  • Scheduled Cancellation Date: 2026-03-10
  • Total Number of Shares Outstanding After Cancellation: 30,834,009 shares (21,787,939 common shares, 9,046,070 Class B preferred shares)

AI要約

Overview of Treasury Share Cancellation

Premium Water Holdings Inc. resolved at the Board of Directors meeting to cancel 9,046,070 treasury shares on March 10, 2026, based on the matters concerning the acquisition and cancellation of treasury shares announced on January 23, 2026. The shares to be cancelled are our common shares, and the total number of shares outstanding after the cancellation will be 30,834,009 shares.

Impact on Shareholders

This treasury share cancellation will reduce the total number of shares outstanding, which is expected to enhance the value per share. However, specific details regarding the dilution rate and the use of funds are not provided, and investors should pay close attention to future announcements.

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