Aida Engineering, Ltd.
Notice Regarding Cancellation of Treasury Stock
Aida Engineering, Ltd. announced plans to cancel 4,300,000 shares of common stock (6.72% of total issued shares) on March 27, 2026.
Key Figures
- Total Number of Shares to be Cancelled: 4,300,000 shares (6.72% of total issued shares)
- Scheduled Cancellation Date: 2026-03-27
- Total Number of Issued Shares After Cancellation: 59,662,021 shares
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on March 12, 2026, the Company resolved to cancel treasury stock in accordance with the provisions of Article 178 of the Companies Act. The shares subject to cancellation are 4,300,000 shares of the Company's common stock, which corresponds to 6.72% of the total issued shares before cancellation. The scheduled cancellation date is March 27, 2026, and the total number of issued shares after the cancellation is expected to be 59,662,021 shares.
Impact on Shareholders
The cancellation of treasury stock will reduce the total number of issued shares, which is expected to increase the per-share value and enhance shareholder value. Although there is no specific description of the use of funds or purpose, this is regarded as part of a capital policy aimed at improving capital efficiency.
Aida Engineering, Ltd.
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