MegaChips Corporation
Notice of Completion of Share Cancellation
Share cancellation completed. A total of 1,047,600 shares were cancelled, accounting for 5.5% of issued shares outstanding; the cancellation date was August 25, 2026, and the number of issued shares outstanding after cancellation is 17,999,300 shares.
Key Figures
- Total number of cancelled shares: 1,047,600 shares
- Share of issued shares outstanding prior to cancellation: 5.5%
- Issued shares outstanding after cancellation: 17,999,300 shares
AI要約
Overview of share cancellation
As of August 25, 2026, the cancellation of the company's ordinary shares, decided at the Board of Directors meeting held on February 6, 2026, has been completed. The total number of cancelled shares is 1,047,600. After cancellation, issued shares outstanding total 17,999,300, representing 5.5% of the pre-cancellation issued shares outstanding.
Impact going forward
The cancellation of treasury stock reduces the total number of issued shares, potentially contributing to mitigating dilution and preserving shareholder value. Specific intent of capital policy and future capital allocation policy are not described in this release.
Megachips Corporation
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