Yutaka Giken Co.,Ltd.
Notice Regarding Share Buyback Cancellation
Yutaka Giken Co., Ltd. announced a plan to cancel 1,950 shares of treasury stock (0.01% of total issued shares) on June 11, 2026.
Key Figures
- Number of shares cancelled: 1,950 shares (0.01% of total issued shares)
- Scheduled cancellation date: 2026-06-11
- Total shares issued after cancellation: 14,818,050 shares
AI要約
Overview of Share Buyback Cancellation
At the board meeting held on April 16, 2026, Yutaka Giken Co., Ltd. resolved to cancel 1,950 treasury shares held by the company pursuant to Article 178 of the Companies Act. The cancellation is scheduled for June 11, 2026, and the total number of shares issued after cancellation will be 14,818,050 shares. This cancellation is conditional upon the approval of the share consolidation proposal at the extraordinary general meeting of shareholders scheduled for May 15, 2026.
Impact on Shareholders and Future Outlook
The number of shares to be cancelled represents a very small portion, 0.01% of the total issued shares, and is expected to have a limited impact on shareholders. Following the implementation of the share consolidation, adjustments in the number of shares will be made with the objective of optimizing the capital structure. Investors are advised to pay attention to the outcome of the extraordinary general meeting and the progress of the share consolidation.
