World Co., Ltd.
Notice Regarding the Resolution on Share Buyback (Acquisition of Treasury Stock from Subsidiary Pursuant to Article 163 of the Companies Act)
World Co., Ltd. has resolved to acquire 10,564 shares of its common stock held by Light On Co., Ltd. (a subsidiary), representing 0.01% of the total outstanding shares, at a total price of 15,782,616 yen on March 19, 2026.
Key Figures
- Number of Shares to be Acquired: 10,564 shares (0.01% of total outstanding shares)
- Total Acquisition Price of Shares: 15,782,616 yen
- Acquisition Dates: March 19, 2026 (date of sales contract execution), March 24, 2026 (scheduled share transfer date)
AI要約
Overview of Share Buyback
At the Board of Directors meeting held on March 19, 2026, World Co., Ltd. resolved to acquire 10,564 shares of its common stock held by its subsidiary, Light On Co., Ltd., pursuant to Article 163 of the Companies Act. The number of shares to be acquired corresponds to 0.01% of the total outstanding shares (excluding treasury stock) of 76,212,102 shares, with a total acquisition price of 15,782,616 yen. The acquisition method is a private transaction, with the acquisition date set as March 19, 2026 (date of sales contract execution) and the scheduled share transfer date as March 24, 2026.
Impact on Shareholders and Shareholding Status
As a result of the share buyback from the subsidiary, the number of treasury stock held by the Company may increase from 927,726 shares (as of March 1, 2026). However, the number of shares acquired represents a negligible proportion (0.01%) of the total outstanding shares, and the impact on shareholder composition and dilution is considered limited. The acquisition will be conducted through a private transaction with the subsidiary as part of the capital policy.
World Co., Ltd.
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