Aiphone Co.,Ltd.
Notice Regarding Amendment to the Basic Policy on Share Buybacks, Holding and Cancellation
The cap on holding treasury stock has been removed to enable more agile acquisition, holding and cancellation of treasury stock. The company will carry out cancellations of shares with no planned use as appropriate going forward.
Key Figures
- Basic policy on holding and cancellation of treasury stock: Abolished
- 7% cap of total outstanding shares: Unknown (abolished after change)
- Implementation timing: Unknown (to be carried out as appropriate in the future)
AI要約
Overview of Capital Policy Change
Aiphone Co.,Ltd. resolved at the Board of Directors meeting held on November 10, 2026 to amend the basic policy concerning the acquisition, holding and cancellation of treasury stock. The main point of the amendment is to abolish the cap on holding treasury stock, establishing a framework that allows for agile acquisition, holding and cancellation of treasury stock. The current 7% cap has been removed on the premise that cancellations will be performed at appropriate times in the future.
Impact and Future Policy
Aiming to improve capital efficiency, the company will prioritize securing funds for business investment (business alliances and M&A) while proceeding with timely cancellations of treasury stock. By relaxing the previous framework, shareholder return flexibility increases and the agility of capital policy is strengthened. The changes are clearly presented by deletions and additions, ensuring overall policy consistency.
Aiphone Co.,Ltd.
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