Tsugami Corporation
Notice Regarding Cancellation of Treasury Shares
The Board of Directors resolved to cancel a total of 1,500,000 shares of the Company's common stock (3.13% of the total number of issued shares). The scheduled cancellation date is 2026-10-27. After cancellation, the total number of issued shares is expected to be 46,500,000 shares and the total number of treasury shares is expected to be 442,587 shares.
Key Figures
- Number of shares to be cancelled: 1,500,000 shares
- Total issued shares after cancellation: 46,500,000 shares
- Total treasury shares after cancellation: 442,587 shares
AI要約
Overview
Tsugami Corporation resolved at the Board of Directors meeting held on 2026-10-20 to cancel treasury shares pursuant to Article 178 of the Companies Act. The target is common stock, and the total number of shares to be cancelled is 1,500,000 shares (3.13% of the total number of issued shares). The scheduled cancellation date is 2026-10-27.
Impact on shareholders and outlook
After cancellation, the total number of issued shares is expected to be 46,500,000 shares and the total number of treasury shares is expected to be 442,587 shares. The effect on dilution control and shareholder value will depend on future market performance. No immediate direct impact on financial indicators is stated in the disclosed materials.
Tsugami Corporation
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