Forum Engineering Inc.
Notice Regarding Cancellation of Treasury Shares
Forum Engineering Inc. plans to cancel 279,269 treasury shares on May 14, 2026. This is conditional upon approval at an extraordinary general meeting and the completion of the treasury share tender offer.
Key Figures
- Number of Shares to be Cancelled: 279,269 shares (treasury shares held as of December 31, 2025)
- Total Number of Issued Shares: 53,419,200 shares
- Scheduled Cancellation Date: May 14, 2026
AI要約
Overview of Capital Policy
At the board of directors meeting held on January 26, 2026, Forum Engineering Inc. resolved to cancel treasury shares. The cancellation targets the Company’s common stock, specifically all 279,269 treasury shares held as of December 31, 2025. The scheduled cancellation date is May 14, 2026, conditional upon approval of a share consolidation proposal at the extraordinary general meeting and completion of the treasury share tender offer.
Impact on Shareholders and Future Outlook
The cancellation of treasury shares will reduce the total number of issued shares, which is expected to enhance the value per share. However, the cancellation is contingent upon approval at the extraordinary general meeting and completion of the tender offer, so attention should be paid to the progress of these procedures. This action is positioned as a measure aimed at enhancing shareholder value through changes in the capital structure.
