Fujitec Co., Ltd.
Notice Regarding Cancellation of Treasury Stock
Fujitec Co., Ltd. announced its plan to cancel 524,976 common shares (0.67% of the total issued shares) on March 24, 2026.
Key Figures
- Number of shares canceled: 524,976 shares (0.67% of total issued shares)
- Scheduled cancellation date: 2026-03-24
- Total issued shares after cancellation: 78,375,024 shares
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on January 14, 2026, Fujitec Co., Ltd. resolved to cancel 524,976 treasury shares (0.67% of total issued shares). The cancellation is scheduled for March 24, 2026, subject to approval of a stock consolidation effective March 25, 2026. The shares to be canceled include treasury shares as of September 30, 2025 (848,255 shares) and a portion of shares acquired as restricted stock compensation.
Impact on Shareholders
The cancellation of treasury shares will reduce the total number of issued shares by 524,976, resulting in 78,375,024 shares outstanding after cancellation. This is expected to enhance per-share value. However, since the cancellation is conditional on approval of the stock consolidation, the outcome of the extraordinary general meeting is critical.