Hogy Medical Co.,Ltd.
Notice Regarding Cancellation of Treasury Stock
Hogi Medical Co., Ltd. plans to cancel 976,397 shares of treasury stock on May 18, 2026. The cancellation is contingent upon approval of a stock consolidation at the extraordinary shareholders meeting.
Key Figures
- Number of shares scheduled for cancellation: 976,397 shares (as of 2026-03-18)
- Total shares issued (including treasury stock): 22,535,463 shares
- Scheduled date of cancellation: 2026-05-18
AI要約
Overview of Capital Policy
Hogi Medical Co., Ltd. resolved at the Board of Directors meeting on March 30, 2026, to cancel treasury stock. The cancellation covers all treasury shares held by the company, with a scheduled cancellation date of May 18, 2026. This cancellation will be executed in accordance with Article 178 of the Companies Act and is contingent upon approval of a stock consolidation proposal at the extraordinary shareholders meeting. As of March 18, 2026, the number of treasury shares stands at 976,397 shares, with total shares issued including treasury stock at 22,535,463 shares.
Impact on Shareholders and Future Outlook
The cancellation of treasury stock will reduce the number of shares issued, which is expected to enhance the value per share. However, the execution is conditional on the approval of the stock consolidation at the extraordinary shareholders meeting, and the implementation depends on the outcome of this approval. Investors should monitor the results of the upcoming shareholders meeting closely.
Hogi Medical Co., Ltd.
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