TIS Inc.
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)
Canceling 7,833,411 treasury shares equivalent to approximately 35 billion yen (3.3% of total issued shares) on February 27, 2026, aiming to optimize the capital structure.
Key Figures
- Number of Treasury Shares to be Cancelled: 7,833,411 shares (approximately 35 billion yen equivalent)
- Scheduled Cancellation Date: 2026-02-27
- Total Issued Shares After Cancellation: 228,400,000 shares
AI要約
Overview of Treasury Stock Cancellation
TIS Inc. resolved at the Board of Directors meeting held on February 3, 2026, to cancel treasury stock pursuant to the provisions of Article 178 of the Companies Act. The shares subject to cancellation are 7,833,411 shares, equivalent to approximately 35 billion yen, out of 8,656,200 treasury shares acquired during the current term, aimed at optimizing the capital structure. The scheduled cancellation date is February 27, 2026, and the total number of issued shares after cancellation will be 228,400,000 shares.
Shareholder Returns and Capital Structure Policy
The Company sets an upper limit for holding treasury stock at 5% of total issued shares and cancels any excess. Of the treasury shares acquired during the current term, those equivalent to 7 billion yen for shareholder returns will continue to be held, while those equivalent to 35 billion yen for capital structure optimization will be canceled as planned. After cancellation, the number of treasury shares will be 3,042,342 shares (1.3% of total issued shares), aiming to alleviate concerns over future share dilution.
