Zeon Corporation
Notice Regarding Completion of Share Buyback Cancellation (Cancellation of Treasury Stock Based on Article 178 of the Companies Act)
Completed the cancellation of 6,000,600 shares of treasury stock (2.79% of total outstanding shares) as of January 7, 2026. The total number of shares outstanding after cancellation is 209,251,256 shares.
Key Figures
- Total number of shares cancelled: 6,000,600 shares (ratio to shares outstanding before cancellation: 2.79%)
- Date of cancellation: 2026-01-07
- Total shares outstanding after cancellation: 209,251,256 shares
AI要約
Overview of Treasury Stock Cancellation
Zeon Corporation implemented the cancellation of treasury stock in accordance with the resolution of the Board of Directors on December 23, 2025, pursuant to the provisions of Article 178 of the Companies Act. The cancelled shares consisted of 6,000,600 shares of the company's common stock, representing 2.79% of the shares outstanding prior to cancellation. The cancellation date was January 7, 2026, resulting in a total of 209,251,256 shares outstanding after cancellation.
Impact on Shareholders and Future Outlook
This treasury stock cancellation reduces the number of shares outstanding and is expected to enhance the value per share. This measure aims to improve capital efficiency and increase shareholder value, playing an important role in future capital policies and management strategies. Specific details regarding the use of funds or additional capital policies are not disclosed in this document.
