Star Micronics Co., Ltd.
Notice Regarding Cancellation of Treasury Stock
Star Micronics Co., Ltd. announced plans to cancel 530,202 shares of treasury stock held as of March 16, 2026. The total number of issued shares is 48,481,334 shares.
Key Figures
- Scheduled Cancellation Date: 2026年3月16日
- Number of Shares to be Cancelled: 530,202 shares
- Total Number of Issued Shares: 48,481,334 shares (Including Treasury Stock)
AI要約
Overview of Treasury Stock Cancellation
At the Board of Directors meeting held on January 28, 2026, Star Micronics Co., Ltd. resolved to cancel treasury stock in accordance with Article 178 of the Companies Act. The scheduled cancellation date is March 16, 2026, and all 530,202 shares of treasury stock held by the company will be cancelled. This cancellation is conditional upon the approval of a share consolidation proposal at an extraordinary shareholders meeting scheduled for February 26, 2026.
Impact on Shareholders and Future Schedule
The total number of issued shares is expected to decrease as a result of the cancellation, though the exact number post-cancellation is unknown. The cancellation will be formally implemented following approval at the shareholders meeting, and investors should pay attention to changes in the number of shares going forward. The cancellation aims to enhance capital efficiency and increase shareholder value; however, detailed impacts will be disclosed in future announcements.
