MegaChips Corporation
Notice Regarding the Resolution of Treasury Stock Acquisition and Cancellation of Treasury Stock
MegaChips Corporation will acquire up to 1,200,000 shares of common stock (equivalent to 7.7% of the outstanding shares) with a total acquisition price ceiling of 10 billion yen from February 9 to December 30, 2026, and plans to cancel all acquired shares afterward.
Key Figures
- Acquisition share limit: 1,200,000 shares (7.7% of outstanding shares)
- Total acquisition price ceiling: 10 billion yen
- Acquisition period: 2026-02-09 to 2026-12-30
AI要約
Overview of Treasury Stock Acquisition and Cancellation
MegaChips Corporation positions appropriate profit returns to shareholders as a vital management issue and has decided to acquire and cancel treasury stock to improve capital efficiency. The target is common stock with an acquisition limit of 1,200,000 shares (equivalent to 7.7% of the outstanding shares), and a total acquisition price limit of up to 10 billion yen. The acquisition period is from February 9 to December 30, 2026, and the acquisition method will be market purchase on the Tokyo Stock Exchange.
Impact on Shareholders and Future Plans
The cancellation of treasury stock will be conducted after the completion of acquisition, with the total number of cancelled shares being all acquired shares. This is expected to improve capital efficiency. As of December 31, 2025, the number of outstanding shares (excluding treasury stock) was 15,493,946 shares, and the number of treasury shares was 3,552,954 shares. Specific scheduling of the cancellation will be notified after the acquisition is completed.
