Canon Electronics Inc.
Notice Regarding Cancellation of Treasury Stock
Canon Electronics Inc. plans to cancel 1,304,729 shares of treasury stock on April 22, 2026. The cancellation is subject to approval of the share consolidation proposal at the shareholders' meeting.
Key Figures
- Number of Treasury Shares: 1,304,729 shares (as of 2026-01-27)
- Total Issued Shares (including Treasury Shares): 42,206,540 shares (as of 2026-01-27)
- Scheduled Treasury Stock Cancellation Date: 2026-04-22
AI要約
Overview of Capital Policy
At the board of directors meeting held on February 10, 2026, Canon Electronics Inc. resolved to cancel treasury stock based on Article 178 of the Companies Act. The cancellation target includes all treasury shares held by the company, scheduled to be executed on April 22, 2026. The cancellation is conditional upon approval of the share consolidation and other proposals at the extraordinary shareholders meeting held on March 19, 2026. As of January 27, 2026, the number of treasury shares held was 1,304,729 shares, and the total issued shares amounted to 42,206,540 shares.
Impact on Shareholders and Future Outlook
The cancellation of treasury stock will reduce the total number of issued shares, which is expected to enhance the value per share. However, the cancellation is subject to shareholders' meeting approval, and its final execution depends on this. The exact total issued shares and dilution changes after the cancellation are not disclosed in the materials and remain unknown. It is necessary to monitor the results of the upcoming shareholders meeting carefully.
